Giant network: it plans to acquire 72.81% equity of Taomi group, with a valuation of 1.5 billion yuan
Cailian, October 17 (Xinhua) - giant network announced that the company plans to acquire 72.81% of the equity of Taomi group held by Dongzheng Ruibo in cash. According to the preliminary communication, the enterprise value of Taomi group is estimated at 1.5 billion yuan, and the final transaction price will be further determined by both parties through negotiation. Taomi group's main businesses include online games, film and television animation and brand licensing.
This text is a result of machine translation.
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