SHANGHAI (Reuters) – Chinese internet service provider Tencent Holdings plans to acquire an 11.3 percent stake in digital mapping service provider Navinfo Co Ltd for 1.17 billion yuan ($187.33 million), Navinfo said late on Monday. Tencent will buy 78 million shares at 15.04 yuan per share from Navinfo’s major shareholder China Siwei Surveying & Mapping […]
Latest Comments