Print 
Mail 
Large Medium SmallChina's Everbright Securities and Beijing Baofeng Technology teamed up to buy a controlling stake in Italian media rights company MP & Silva in a deal that values the company at 1 billion US dollars, Reuters reported, citing MPS Chief Executive Marco Auletta.
MPS maintains offices in Singapore and London and has an annual turnover of 600 million dollars, distributing media rights on behalf of sports federations and clubs, including Italy's Serie A soccer league.
Everbright and Beijing Baofeng acquired the stake through an investment vehicle, Reuters said.
To contact the reporter: chris@mail.chinadailyuk.com
Different robots in our daily life
Alibaba's online merchants eye listings
Traditional dresses for Yugur women
Students' graduation photo with performance
Kids climb vine ladder in 'cliff village' in Sichuan
Stars of Lijiang River: Elderly brothers
Children paying money to learn British manners
Military-style wedding: Grooms in uniforms
CPC creates cartoon to show how officials are selected
Remains of Chinese Korean War soldiers to be flown back to China
Trial of China's 'Ivory Queen' delayed in Tanzania
1
Olympic Flame lands in Brazil for 94-day relay to Games
Zhang Shuai stages biggest upset of 2015 Australian Open beating world no. 2
Copyright 1995 - 2010 . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263 Registration Number: 20100000002731 
