Focus Media to sell 62 pct stake in Allyes to Silver Lake
- Tuesday, August 3, 2010, 21:52
- Silver
- 47 views
Focus Media Holding Ltd, China’s largest digital media group, announced Saturday that it had agreed to sell a 62% indirect equity ownership of its Internet division, Allyes, to US-based Silver Lake for US$124 million, sources reported. The deal, one of
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Focus Media to sell 62 pct stake in Allyes to Silver Lake
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