Shang­hai group to buy into

China Daily (Canada) - - NEWS CAPSULE -

A Chi­nese com­pany is close to com­plet­ing a deal for a 75 per­cent stake in an Os­car-win­ning Bri­tish spe­cial ef­fects com­pany, which worked on films such as Doc­tor Strange and the Harry Pot­ter fran­chise.

Lon­don-based firm Frame­store, which also worked on Su­per­man Re­turns and Grav­ity, has agreed to a deal with Cul­tural In­vest­ment Hold­ings Co that val­ues the UK busi­ness at 150 mil­lion pounds

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