Theron's production company, Denver and Delilah, as well as Film Engine and Infinity Features will produce the film, the Daily Variety reported Thursday.
The film is a drama revolving around an 11-year-old girl's struggle to accept her mother's abandonment.
Also appearing in "Ferris Wheel" are Nick Stahl, AnnaSophia Robb and Deborra-Lee Furness.
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