Dade Hayes Finance EditorEros International and STX Corp. have formally closed their merger and said the combined firm plans a listing on the New York Stock Exchange in September.The combined entity, which blends the film and TV operations of large-scale indie STX with the production and streaming assets of India-based Eros, will trade under the symbol ESXI.
Eros STX Global Corp. will be based in the Isle of Man and headquartered in Burbank and Mumbai. The official closing announcement called the new firm a “powerhouse between East and West.”New and existing investors include TPG, Tencent, Hony Capital and Liberty Global.
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