Office 2007 Serial MSN China's

Vista House (www.vista123.com): MSN China Chinese shares 1 billion acquisition? August three, once the culture of China, Hong Kong detailed companies (1060, HK) introduced that July 30 was agreed to receive a confirmation letter, to be a one-billion acquisition of Internet-related business in the 50% stake inside the provider , and the enterprise also acquired the object by default will be the current recognition and NetEase inside the

In addition, it can make 50% stake in MSN China's taking more than, even far more twists and turns. But reporters from reliable sources that, the fact is, Microsoft's MSN and NetEase doesn't finish the negotiations, however the two sides into the see-saw stage, at which stage to the Chinese culture, it seems far more implications.

need sustained investment in Microsoft's MSN

It's also based business must have monetary assets to be able to achieve this.

cultural China underneath the prior (1060, HK) introduced in April this 12 months showed a profit in 2009, 2009, the firm turnover 388 million Hong Kong dollars, a internet reduction attributable to shareholders of 22.87 million Hong Kong bucks. As of December 31, 2009, Culture of China was 126.seven million cash reserves of HK $ 100,000,000 along with the company's supply is nevertheless a substantial distance.

NetEase formerly noted, based on the 2010 1st quarter results, the corporation quarter complete revenues of RMB one.2 billion, web revenue of four.52 billion yuan (six,630 U.S. dollars), as of the first the end of the first quarter, Netease total quantity of money held by seven.7 billion yuan.

Then again, furthermore to earnings, culture, Dong Ping, chairman of China's Film and Tv manufacturing and distribution, media management, network and cellular gaming organization along with other business-oriented extensive cultural business groups. - The company's new media enterprise, clearly optimistic, but additionally seems to be the spoiler MSN acquisition of China's

March and April in 2010, Culture of China as well as the acquisition of Prefect Strategy InternationalLim ited entire share money from the Ming City, the corporation, indirectly Cultural Improvement Co., Ltd. All North actual interest in Metropolitan Culture Communication Co., Ltd. which owns 50% of equity. Two acquisitions involving total funding of 619 million Hong Kong bucks, of which a number of the money to spend 1.19 billion Hong Kong dollars. 50% of MSN in China, the acquisition, the provider also can refer to a comparable mode of operation of funds, but the company's existing revenue position, immediately after a 12 months of continued investment in MSN, the burden can also be not quick.

be acquired within the culture of China introduced the news with the day, the organization shares the very same day that rose 6.173 % to 0.86 Hong Kong bucks, as of August five closing, the company's share cost of 0.89 Hong Kong dollars. Having said that, Chinese culture has also stressed that a letter of intent just isn't legally binding, only the 2 sides signed a sale and buy agreement, to consider impact.

smoke or real intruder?

But inside the interview, also advised reporters the investment neighborhood, equity holders of psychological pressure on them to NetEase a move.

below the prior agreement, MSN China joint venture Shanghai MSN Network Communications Technologies Co., Ltd. 50% of the holders with the shares of Shanghai Alliance Investment Limited.

response, insiders said, MSN China shares offered to whom, as well as the final decision or inside the Microsoft headquarters, but what kind of situations and give cost to choose 50% stake in MSN China, but Shanghai and MSN stake in the interests of traders,

this regard, the resources said Microsoft

dependable source can be concerned in the negotiations confirmed to reporters, Netease respects with the terms of Microsoft's MSN negotiations proceed.

Events

2005 年 5 月, MSN's formal entry into China, taking into account nationwide policies, Microsoft has taken with Shanghai Alliance Investment Co., Ltd. jointly set up a joint venture operation of the internet enterprise the way, the 2 sides every keeping 50%.

2007 onwards, the business for joint venture partners Shanghai Alliance Investment Ltd plans to market 50% stake in the hands with the news has long been heard, online sport businesses, ,Office 2007 Serial, even though informed resources, MSN China has also worked with Tencent, Baidu as well as other neighborhood World-wide-web providers approached.

2010 年 4 months, market sources Netease and MSN negotiations, restructuring the joint enterprise news.

2010 年 eight three, China Hong Kong listed business culture (1060, HK) introduced that July 30 was agreed to obtain a confirmation letter, the proposed 1-billion acquisition of the enterprise engaged in World-wide-web connected to the company's 50% stake within the company, plus the corporation also admitted for the acquisition of objects for your default MSN China.
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