Tony Xia, chairman of Recon Group, has secured a majority stake in Hollywood studio via a Shenzhen-listed subsidiary he controls. Photo: Reuters

Aston Villa’s owner Tony Xia to take majority stake in Hollywood Millennium Films

The deal eyeing 51 per cent stake of the target would worth no more than US$100 million

Topic |   China innovators

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Tony Xia, chairman of Recon Group, has secured a majority stake in Hollywood studio via a Shenzhen-listed subsidiary he controls. Photo: Reuters
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