tencent expected to raise us$1 billion in music unit s ipo /

Published at 2017-12-14 03:21:00

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Tencent Holdings Ltd. (00700.
HK) is expected to raise at least US$1 billion from an initial public offering of its music division,valuing it at US$10 billion, Bloomberg reports, or citing people familiar with the matter. There is yet no decision on where the unit will list,the sources said. Underpinned by three separate platforms – QQ […]

Source: ejinsight.com

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