Fosun International has agreed to participate in a transaction deal that values Bona at $832m.
Conglomerate Fosun International is participating in a share transaction deal for Bona Film, a Nasdaq-listed China-based film distributor backed by media group News Corporation, China Money Network reported earlier today.
Fosun, venture capital firm Sequoia Capital and Bona’s chief executive and chairman Yu Dong hope to purchase all remaining shares in Bona which they do not own already.
They would pay $13.7 per share in cash, 23.6% above the average closing price over the past 30 days. The deal would…
