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British visual effects company Framestore, which is famous for its contributions to films like Gravity, the Harry Potter franchise, and Doctor Strange, has agreed to be taken over by China’s Cultural Investment Holdings Co. in a nearly $187 million deal.

Framestore VFX Studio Agrees to $187M Chinese Takeover Deal

Nov 05, 2016 08:56 AM EDT

British visual effects company Framestore, which is famous for its contributions to films like Gravity, the Harry Potter franchise, and Doctor Strange, has agreed to be taken over by China's Cultural Investment Holdings Co. in a nearly $187 million deal.

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