Mergers and stakes to raise global vision
Print Edition
THE Visual China Group, a leading photo agency in China, plans to merge and buy stakes in global giants such as Getty Images to establish a global presence, the Shenzhen-listed firm said yesterday.
The company, which halted trading yesterday, said in a statement to the Shenzhen Stock Exchange that it is in negotiations with Getty Images regarding a “stake purchase.” Visual China added that it will announce the result of the talks within 10 trading days.
Visual China also said last week that it will acquire Corbis Images, the world’s No. 2 photo agency founded by Microsoft Corp’s Bill Gates, for about US$100 million.
The deals aim to raise Visual China’s presence globally, Wang Jingle, China Merchants Securities’ analyst, said in a note.
Visual China will also expand into tourism by setting up a multi-language national tourism management platform 12301, which allows users to rate sites, attractions and infrastructure facilities.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
