1. Text: | Print|

      Alibaba set to buy AutoNavi for $1.5b

      2014-04-14 09:10 Global Times Web Editor: qindexing
      1

      E-commerce giant Alibaba Group will acquire Chinese digital mapping company AutoNavi Holdings Ltd in a deal which values AutoNavi at about $1.5 billion, AutoNavi announced on its Weibo account over the weekend.

      When the deal is completed, AutoNavi's shareholders will receive $5.25 per ordinary share, or $21 per American Depositary Share (ADS), the statement said.

      The offer indicates a premium of 27 percent to AutoNavi's ADS closing price on NASDAQ on February 7, the last trading day before AutoNavi announced that it had received Alibaba's acquisition proposal on February 10.

      The deal is expected to close in the third quarter of this year.

      Cheng Congwu, president and CEO of AutoNavi, said in the statement that the company believes the deal will maximize shareholders' benefits and being a part of Alibaba is AutoNavi's best choice. He also said the support from Alibaba will speed up AutoNavi's development in mobile Internet.

      Lu Zhaoxi, CEO of Alibaba, said the cooperation will help AutoNavi maintain the leading position in mapping, the statement said.

      Comments (0)
      Most popular in 24h
        Archived Content
      Media partners:

      Copyright ©1999-2018 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 好看的电影网站亚洲一区| 国产日产成人免费视频在线观看| 久久久久亚洲AV无码专区网站| 九九精品国产亚洲AV日韩| 午夜网站免费版在线观看| 亚洲人成综合网站7777香蕉| 97免费人妻无码视频| 亚洲精品美女久久久久9999| **俄罗斯毛片免费| 亚洲伊人久久精品| 性感美女视频免费网站午夜| 亚洲色偷偷综合亚洲AV伊人蜜桃 | 久久亚洲最大成人网4438| 97热久久免费频精品99| 亚洲中文字幕久久精品蜜桃| 暖暖免费高清日本一区二区三区| 亚洲av无码专区在线电影天堂| 免费国产一级特黄久久| 一本岛v免费不卡一二三区| 久久精品国产亚洲一区二区| 久久99国产综合精品免费| 乱人伦中文视频在线观看免费| 免费a级毛片视频| 成人网站免费大全日韩国产 | 国产成人精品日本亚洲专区| 中文字幕免费在线看电影大全| 亚洲VA中文字幕无码毛片| 在线看免费观看AV深夜影院 | a级毛片免费在线观看| 久久久婷婷五月亚洲97号色| 国产精品久久久久久久久久免费 | 丁香花在线视频观看免费| 91情国产l精品国产亚洲区| 亚洲AV永久无码精品一百度影院| 久久这里只精品99re免费| 亚洲字幕在线观看| 免费国产人做人视频在线观看| 东方aⅴ免费观看久久av| 美女视频黄免费亚洲| 亚洲人成无码久久电影网站| 久久久久久一品道精品免费看|