SouFun acquires control of Wanli, to tap capital market

19 Nov 2015
Chinese real-estate portal operator SouFun Holdings Ltd. (NYSE: SFUN), is acquiring the shell of a company listed in Shanghai into which to inject its new Internet financial services business. It announced that on November 13 it entered into a framework agreement with Chongqing Wanli New Energy Co., Ltd...

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Don Gasper