Office 2010 Activation MSN China's

Vista Household (www.vista123.com): MSN China Chinese shares one billion acquisition? August 3, once the culture of China, Hong Kong detailed companies (1060, HK) announced that July 30 was agreed to obtain a confirmation letter, to be a one-billion acquisition of Internet-related enterprise in the 50% stake within the organization , as well as the enterprise also acquired the object by default will be the current recognition and NetEase within the

It also would make 50% stake in MSN China's taking more than, even far more twists and turns. But reporters from dependable resources that, in truth, Microsoft's MSN and NetEase doesn't end the negotiations, however the two sides in to the see-saw stage, at which point into the Chinese culture, it seems additional implications.

need sustained investment in Microsoft's MSN

It really is also based enterprise need to have financial resources to be able to do so.

cultural China below the previous (1060, HK) introduced in April this year showed a profit in 2009, 2009, the provider turnover 388 million Hong Kong bucks, a internet loss attributable to shareholders of 22.87 million Hong Kong bucks. As of December 31, 2009, Culture of China was 126.7 million money reserves of HK $ a hundred,000,000 plus the company's offer you is nevertheless a substantial distance.

NetEase earlier reported, based on the 2010 very first quarter outcomes, the organization quarter complete revenues of RMB one.two billion, net profit of four.52 billion yuan (6,630 U.S. dollars), as of the very first the finish of the first quarter, Netease total quantity of cash held by 7.7 billion yuan.

Nevertheless, in addition to earnings, culture, Dong Ping, chairman of China's Film and Television production and distribution, media management, network and cellular gaming business along with other business-oriented detailed cultural business groups. - The company's new media organization, obviously optimistic, but also seems to become the spoiler MSN acquisition of China's

March and April in 2010, Culture of China and the acquisition of Prefect Strategy InternationalLim ited entire share money from the Ming Town, the organization, indirectly Cultural Advancement Co., Ltd. All North real curiosity in Metropolitan Culture Communication Co., Ltd. which owns 50% of equity. Two acquisitions involving complete funding of 619 million Hong Kong dollars, of which a number of the money to pay 1.19 billion Hong Kong bucks. 50% of MSN in China, the acquisition, the enterprise also can refer to a comparable mode of operation of capital, however the company's existing revenue placement, right after a 12 months of continued investment in MSN, the burden is also not uncomplicated.

be acquired within the culture of China announced the news from the day, the provider shares the exact same day that rose six.173 percent to 0.86 Hong Kong dollars, as of August 5 closing, the company's share cost of 0.89 Hong Kong bucks. But, Chinese culture has also stressed that a letter of intent isn't legally binding, only the 2 sides signed a sale and purchase agreement, to consider impact.

smoke or true intruder?

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

underneath the prior agreement, MSN China joint venture Shanghai MSN Network Communications Technology Co., Ltd. 50% from the holders from the shares of Shanghai Alliance Investment Restricted.

response, insiders said, MSN China shares offered to whom, plus the final choice or within the Microsoft headquarters, but what type of situations and offer price to pick 50% stake in MSN China, but Shanghai and MSN stake inside the interests of investors,

this regard, the resources said Microsoft

dependable source can also be involved inside the negotiations confirmed to reporters, Netease respects using the terms of Microsoft's MSN negotiations keep on.

Activities

2005 年 five 月, MSN's formal entry into China, taking into account national policies, Microsoft has taken with Shanghai Alliance Investment Co., Ltd. jointly setup a joint enterprise operation of the net enterprise the way, the 2 sides every holding 50%.

2007 onwards, the business for joint venture partners Shanghai Alliance Investment Ltd ideas to promote 50% stake inside the hands of the news may be heard, on the internet game providers, , even though knowledgeable sources, MSN China has also worked with Tencent, Baidu along with other local World wide web organizations approached.

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

2010 年 8 three, China Hong Kong outlined business culture (1060, HK) introduced that July 30 was agreed to obtain a confirmation letter, the proposed 1-billion acquisition of a firm engaged in Web connected to the company's 50% stake in the organization, as well as the firm also admitted for the acquisition of objects for your default MSN China.
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