K-Pop Giant's Cinema Unit Mulls Stake Sales to Fund Growth

  • CJ CGV considering IPO of overseas units, executive says
  • Korean company seeking to quadruple number of screens by 2020

K-Pop Giant's Unit Considers Sale

South Korea’s CJ CGV Co. is considering selling stakes in some of its units, including one in China, to help fund its ambitions of turning into one of the world’s biggest operators of movie theaters, according to an executive.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.