FT: Chinese billboard company Focus Media set for China backdoor listing
Focus Media Holding, a Chinese billboard company that abandoned its New York listing after an attack by a prominent short seller, is set to go public again via a reverse takeover. Jiangsu Honda, a silicon rubber manufacturer listed on the Shenzhen Stock Exchange, said late on Tuesday that it would pay Rmb45.7bn (USD7.4bn) for Focus Media. […]
Wed, Jun 3, 2015 at 5:47 PM