STX To Launch IPO On Hong Kong Stock Exchange In 2018

STX Entertainment, the company founded three and a half years ago by Robert Simonds and Robert McGlashan of TPG Growth with investment from Gigi Pritzker and Chinese concern Hony Capital, plans to raise $ 500M in an IPO in the first quarter of 2018. It’s been known that STX has been talking about mounting an IPO for some time, and has been steadily growing its business over the past year. In August 2016, China’s Tencent and Hong Kong telecom giant PCCW led an investment…
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