Alibaba to acquire majority stake in ChinaVision
CHINESE e-commerce giant Alibaba has agreed to buy a majority stake in Hong Kong-listed ChinaVision Media Group, ChinaVision said yesterday.
In a filing to the Hong Kong stock exchange where it is listed, ChinaVision said it had agreed to sell about 12.5 billion new shares to Alibaba for HK$6.2 billion (US$800 million). That will amount to 60 percent of the company’s enlarged share capital, giving Alibaba majority control of the firm, which describes itself as “an integrated cultural corporation with business focus on TV and film production, print media and mobile new media.”
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$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.