tencent s china literature eyes us$1.1 bln in hong kong ipo /

Published at 2017-10-23 06:34:00

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China Literature Ltd.,China’s largest online publishing and e-book company, launched an initial public offering for up to US$1.1 billion on Monday, and seeking funds for acquisitions and to expand its digital publishing trade,Reuters reports. Tencent Holdings Ltd. controls China Literature with a 62 percent stake. Private equity firm Carlyle Group LP owns 12.2 percent […]

Source: ejinsight.com

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