U.S. rights to Meryl Streep’s “The Iron Lady” have been picked up by The Weinstein Co., which plans to release the Margaret Thatcher biopic later this year.

TWC announced Friday at Cannes that it had acquired the Stateside rights from Pathé International.

“Lady” is directed by Phyllida Lloyd and co-stars Jim Broadbent as Thatcher’s husband, Denis. The film, the second collaboration between Lloyd and Streep following “Mamma Mia!,” is written by Abi Morgan and produced by Damian Jones.

TWC said it’s partnered on the acquisition with The Yucaipa Cos. and founder Ron Burkle, following deals for “Our Idiot Brother” and “The Details.”

“Having worked with both Meryl Streep and Jim Broadbent, I know that they are without peer as film actors,” Harvey Weinstein said. “Even so, I was absolutely blown away by what I saw of their performances as Margaret and Denis Thatcher. Phyllida is doing an incredible job.”

The deal was negotiated for TWC by COO David Glasser, Lawson, and Michal Steinberg, Senior Vice President Business Affairs and Acquisitions; and for Pathé by McCracken, Muriel Sauzay, Executive Vice President, International Sales and Mike Runagall, Senior Vice President, International Sales.