Chinese companies scoop shares in Independent News Mail and Guardian -

Chinese companies scoop shares in Independent News Mail and Guardian -


Thursday 15th August, 2013 On Thursday, South Africa’s Competition Commission announced it had approved a second part of an Independent takeover bid, this time involving two Chinese companies: China International Television Corporation and China-Africa Development Fund. The Chinese 20% stake will be housed in the tax haven Mauritius. The news group is being sold for about R2-billion by its debt-laden Irish owner, ... - See more at:

http://www.southafricanews.net/index.php/sid/216461217/scat/371b1b8643d479c1/ht/South-African-leader-suspended-for-illicit-love-affair#sthash.rWKaKSrw.dpuf