Hong Kong – Paul Hastings, a leading global law firm, announced today that it advised China Media Capital and FountainVest Partners (“FountainVest”) in connection with the sale of their shares in the Hong Kong IPO of the giant screen exhibitor, IMAX China Holding, Inc. (“IMAX China”).
China Media Capital and FountainVest are substantial shareholders of IMAX China, a leading cinematic technology provider with a focus on theater and film businesses, as well as the sole platform for the release of IMAX formatted films in Greater China.
IMAX China had sold a 20 percent stake to China Media Capital and FountainVest in the lead up to its IPO.
Paul Hastings has previously advised China Media Capital on a number of media and entertainment transactions over the past few years, including its recent joint venture with Warner Bros to launch a new movie studio with a focus to develop, produce, market and distribute motion pictures globally.
The Paul Hastings team was led by M&A partners Victor Chen and Douglas Freeman, with support from Capital Markets partners Sammy Li and Steven Winegar, as well as of counsel Tim Sung. The team’s lead partners also advised China Media Capital and FountainVest on their initial investment in IMAX China.
Paul Hastings is a leading global law firm with a strong presence throughout Asia, Europe, Latin America, and the United States. Through a collaborative approach, entrepreneurial spirit, and commitment to client service, the professionals of Paul Hastings deliver innovative solutions to many of the world’s top financial institutions and Fortune 500 companies.