Reuters Takes Stake in Chinese Online Financial Information Provider ChinaWeb
At 20 Mar 2008 05:47:28 in A-Team Delivery Terms, A-Team Free, AMIT-Market Data, AMIT-News in Brief, AsiaMarketsIT.com
Reuters says it has taken a minority stake in ChinaWeb, one of the largest online financial information providers in China. Financial terms of the all-cash transaction were not disclosed. ChinaWeb had gross assets of £2.6 million as at February 4 2008.
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