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New Deal


Announced

CITIC Capital led a $177m funding round in Citineon.

Financials

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Transaction Value£126m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

entertainment

Singapore

Private

Minority

Venture Capital

Single Bidder

Acquisition

Private Equity

Cross Border

Pending

Entertainment

Synopsis

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CITIC Capital, an alternative investment company, led a $177m funding round in Citineon, an entertainment company, with participation from Pavilion Capital, EDBI, Seatown Holdings International and Doha Venture Capital. “The $177m funding round sets a solid foundation for us to invest in developing more of our entertainment experiences, to stage even more exhibitions of the five box office hits and two artefact IPs that we hold the rights to all over the world,” Ron Tan, Citineon Chairman and CEO.

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