Pinewood Studios parent company agrees to be sold

Pinewood Group PLC logo

Pinewood Group PLC logo

Pinewood Group PLC, parent company of Pinewood Studios, agreed to be sold to PW Real Estate Fund for 323 million British pounds, or $423 million, REUTERS REPORTED.

Pinewood Studios has been the production home for most of the entries in the James Bond film series. Pinewood also has been the home base to other films, including Star Wars and the Christopher Reeve Superman movies.

Pinewood Group’s two biggest shareholders, who hold 65 percent of shares, accepted the offer, according to Reuters. The sale is subject to a vote by other shareholders.

Pinewood also operates a studio complex in the Atlanta area. It is owned by Chick-Fil-A founder Dan Cathy and other investors, the Atlanta Journal-Constitution reported. The Cathy group will continue to own that studio operation, the newspaper said.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: