HG Entertainment Acquires Bestar Cinema
发布日期:2022-07-26 浏览次数:

Hengdian-based HG Entertainment announced that the company signed an equity acquisition intention agreement with the Shanghai-based Bestar Cinema, the Changzhou-based Hengxuan Consulting & Management Co., and other indirect controlling shareholders of Bestar Cinema.

HG Entertainment and its related parties have plans to jointly acquire 100% of Bestar Cinema, with a transaction of no less than RMB 3 billion. Among those plans, HG Entertainment will directly acquire about 70% of the equity of Bestar. (Trasnalted by Marco Lovisetto, edited by Mariam Ayad)

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