The Pinewood Group is set to be sold to an asset management business in a deal worth just over $425m (£320m).
Pinewood, which owns studios and facilities in Buckinghamshire, Shepperton, Cardiff, as well as Malaysia, Canada, the Dominican Republic and the Us, announced its desire for a takeover at the start of the year.
It claimed it was hobbled by a tightly held shareholder register that had held back investment and prevented it from listing on the stock exchange.
Pinewood chief executive Ivan Dunleavy welcomed the $425m (£323m) from the Us fund.
“We believe that we have found the right partner for the business and one that shares our long-term vision for the future of the group,” he said.
“Pinewood’s continuing commitment to the UK’s creative industries remains as strong as ever. Staff and customers can be assured that in this new strategic partnership our priority will be to not only maintain, but build on...
Pinewood, which owns studios and facilities in Buckinghamshire, Shepperton, Cardiff, as well as Malaysia, Canada, the Dominican Republic and the Us, announced its desire for a takeover at the start of the year.
It claimed it was hobbled by a tightly held shareholder register that had held back investment and prevented it from listing on the stock exchange.
Pinewood chief executive Ivan Dunleavy welcomed the $425m (£323m) from the Us fund.
“We believe that we have found the right partner for the business and one that shares our long-term vision for the future of the group,” he said.
“Pinewood’s continuing commitment to the UK’s creative industries remains as strong as ever. Staff and customers can be assured that in this new strategic partnership our priority will be to not only maintain, but build on...
- 7/28/2016
- ScreenDaily
Similar News
Disney Publicist Marshall Weinbaum Departs for Netflix’s Awards Team (Exclusive)
- 4/18/2024
- by Scott Feinberg
- The Hollywood Reporter - Movie News
Mira el tráiler de ‘Young Woman and the Sea’, el drama inspirador protagonizado por Daisy Ridley para Disney.
- 4/17/2024
- by Marta Medina
- mundoCine
An Indecisive George Lucas Caused Kurt Russell To Walk Away From Star Wars
- 4/13/2024
- by Rafael Motamayor
- Slash Film
“I’m part of the group of people that are rooting for him”: Godzilla vs. Kong Star Backs Henry Cavill as James Bond over Aaron Taylor-Johnson
- 3/29/2024
- by Subhojeet Mookherjee
- FandomWire
‘Jurassic World 4’ set for UK shoot at Sky Elstree Studios
- 3/6/2024
- ScreenDaily
Not Henry Cavill, Michael Caine Wants One Marvel Star as James Bond But Has 1 Specific Condition: “Make him do a posh accent”
- 2/16/2024
- by Subhojeet Mookherjee
- FandomWire
Pearl Jam, Kings of Leon, Eddie Vedder Headline 2021 Ohana Festival
- 5/12/2021
- by Daniel Kreps
- Rollingstone.com
Pregnant Khloé Kardashian Gifts Her Realtor a Massive Personalized Gingerbread House — See the Photo
- 12/13/2017
- by Megan Stein
- PEOPLE.com
Meghan Markle Selling Toronto Home Where She Fell In Love With Prince Harry
- 12/11/2017
- by Shakiel Mahjouri
- ET Canada
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.
More to explore
New ‘The Office’ Series Adds Sabrina Impacciatore, Domhnall Gleeson to Cast
- 4/19/2024
- by Joe Otterson
- Variety - TV News
Box Office: ‘Abigail’ Bites Into $1 Million in Previews
- 4/19/2024
- by Jordan Moreau
- Variety - Film News
BAFTA Sets Date for 2025 Film Awards — Global Bulletin
- 4/19/2024
- by Alex Ritman
- Variety - Film News
‘Fallout’ Officially Renewed for Season 2 at Amazon
- 4/18/2024
- by Joe Otterson
- Variety - TV News
‘The Witcher’ Renewed For 5th & Final Season At Netflix
- 4/18/2024
- by Denise Petski
- Deadline Film + TV
‘Scream’ Actors Support Fired Co-Star Melissa Barrera at ‘Abigail’ Premiere: ‘It Says a Lot About How True the Love Is’
- 4/18/2024
- by Marc Malkin
- Variety - Film News
Henry Cavill Says ‘Maybe I’m Too Old Now’ to Play James Bond as Fake Movie Trailer With Him as 007 Goes Viral With 2.5 Million Views
- 4/18/2024
- by Zack Sharf
- Variety - Film News
Julia Louis-Dreyfus Was Recognized as Her ‘Seinfeld’ Character While Giving Birth
- 4/18/2024
- by Christy Piña
- The Hollywood Reporter - Movie News
Selena Quintanilla Deserves to Be Celebrated This Year - Not Exploited
- 4/16/2024
- by Lucas Villa
- Popsugar.com
Bad Bunny's First NYC Show From His Most Wanted Tour Is Proof His Latine Fans Still Come First
- 4/12/2024
- by Johanna Ferreira
- Popsugar.com
Tribeca Festival Reveals 2024 Feature Film Lineup Including New Movies With Lily Gladstone, Jenna Ortega and Michael Cera
- 4/17/2024
- by Jack Dunn
- Variety - Film News
Vashon Island Film Festival Sets Date for Third Event – Film News in Brief
- 4/19/2024
- by Selena Kuznikov and Jack Dunn
- Variety - Film News
Cannes Directors’ Fortnight Title ‘Eephus’ Picked Up by Film Constellation (Exclusive)
- 4/18/2024
- by Leo Barraclough
- Variety - Film News
‘Civil War’ Cranks Up the Sound for Its Climactic DC Sequence
- 4/20/2024
- by Bill Desowitz
- Indiewire
Taylor Swift’s ‘Fortnight’ Music Video Brings in Cinematographer Rodrigo Prieto
- 4/20/2024
- by Mark Peikert
- Indiewire
Zac Efron’s ‘The Iron Claw’ Sets Max Streaming Date
- 4/19/2024
- by Jaden Thompson
- Variety - Film News
Box Office: ‘Abigail’ Bites Into $1 Million in Previews
- 4/19/2024
- by Jordan Moreau
- Variety - Film News
BAFTA Sets Date for 2025 Film Awards — Global Bulletin
- 4/19/2024
- by Alex Ritman
- Variety - Film News
‘Aang: The Last Airbender’ Delayed to 2026, ‘Transformers One’ Moves Back a Week
- 4/18/2024
- by Rebecca Rubin
- Variety Film + TV
Quentin Tarantino Scraps ’The Movie Critic’; Brad Pitt Would Have Reprised Cliff Booth Role From ‘Once Upon A Time In Hollywood’
- 4/17/2024
- by Rodrigo Perez
- The Playlist
New ‘The Office’ Series Adds Sabrina Impacciatore, Domhnall Gleeson to Cast
- 4/19/2024
- by Joe Otterson
- Variety - TV News
‘CSI: Vegas’ and ‘So Help Me Todd’ Canceled at CBS
- 4/19/2024
- by Rick Porter
- The Hollywood Reporter - Movie News
BAFTA Sets Date for 2025 Film Awards — Global Bulletin
- 4/19/2024
- by Alex Ritman
- Variety - Film News
Amazon’s miniTV Adds 200 Titles Dubbed in Tamil and Telugu for Indian Regional Users
- 4/19/2024
- by Patrick Frater
- Variety - TV News
‘Fallout’ Officially Renewed for Season 2 at Amazon
- 4/18/2024
- by Joe Otterson
- Variety - TV News