Posts Tagged ‘allyes’

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

Focus Media Holding Ltd, China's leading digital media group, said it agreed to sell its 62 percent stake in its internet division Allyes Online Media Holdings Ltd to private firm Silver Lake for $124 million. < Simultaneously with the signing of the Full story

Three years after paying $225 million to buy online ad company Allyes , Chinese ad firm Focus Media is selling a majority stake in the company, which bills itself as China’s “largest online media service provider,” to PE firm Silver Lake. Silver Full story