PARIS — The Cannes Film Festival announced Thursday that Christophe Honore’s “The Beloved” has been selected as the closing film of this year’s festival.The romantic drama, which intertwines two love stories taking place in 1960s Prague and 1980s London, toplines Catherine Deneuve, Ludivine Sagnier, Chiara Mastroianni, Milos Forman and Louis Garrel. The pic will play out of competition. Penned by Honore, the pic is produced by Why Not Prods. (“Of Gods and Men”) and will be distributed in France by Paris-based outfit Le Pacte on Aug. 17. Celluloid Dreams handles the pic’s international sales. Honore’s “Love Songs” played at Cannes in 2007 in competition.