James Bond studio owner mulls sale to boost value

London

PINEWOOD Group, owner of the British studio where James Bond is filmed, said that the firm could be sold as it looks to boost shareholder value and help the company grow.

Pinewood, which has a market capitalisation of more than £250 million (S$506 million), said on Wednesday that it had appointed Rothschild to carry out a review. "We believe there is a requirement for a funding strategy to be in place to fully realise the company's future potential," Pinewood said in a statement, adding that a sale of the company was one option on the table.