Posts Tagged ‘124-million’

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 Full story

Focus Media (FMCN), the China-based digital media company, said it has agreed to sell its 62% stake in , a provider of online advertising services, to the investment firm Silver Lake for $124 million in cash. The company said that certain other Allyes Full story