Magnolia has taken the rights to director Kriv Stenders' Kill Me Three Times, The Hollywood Reporter has confirmed.

The Australian thriller was penned by James McFarland and stars Simon Pegg, Sullivan Stapleton, Alice Braga, Teresa Palmer, Callan Mulvey, Luke Hemsworth and Bryan Brown.

Pegg plays a hitman set loose on a sleepy Australian town.

The deal, first reported by Deadline, was brokered by WME Global.