ID Leisure Ventures has been confirmed as the buyer of Hoyts. The company is a close associate of Wanda group, owner of AMC and the biggest theater chain in China.
Previously rejected by regulators, company is now set to raise $326 million.
Chinese social messaging service Momo Inc. has filed for an initial public offering in the U.S. The company, which is 20% owned by e-commerce giant Alibaba, hopes to raise $300 million. The listing…
2016-2017 Oscar Predictions
The planned initial public offering of Australian multiplex chain Hoyts has been called off, according to media reports.
Largest exhibition chain seeks capital for further expansion
Analysts are divided over Chinese e-commerce giant, but with shares not priced too aggressively, it measures up against Internet rivals.
Chinese e-commerce giant, Alibaba set to answer questions from U.S. regulators
HONG KONG – Australia's number two cinema chain Hoyts took a step closer to a share market flotation this week with the appointment of investment bank UBS as advisors. The company is currently owned…
Impact on $150 billion IPO of Chinese home shopping giant unclear.
Chinese e-commerce giant underlines movie industry ambitions with hire from China Film Group.
Conglomerate backing Jeff Robinov takes further step in entertainment