SIG China and Singapore-based private equity firm Meridian Capital is to exit their stakes of Beijing-based online advertising firm adSage in a trade sale, in which Shanghai-listed BesTV New Media Co., Ltd. will acquire a 51% stake in adSage for $95.88 million, according to a regulatory filing submitted by Shanghai-listed BesTV. SIG China Investments Master […]

Visit for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.

Visit the original source and full text: China Money Network