Did Shanghai Media Company acquire Forbes?

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The Hong Kong consortium that bought Forbes is a newly established comprehensive whale media investment company. Headquartered in Hong Kong, it was established by several Asian investors. Among them, the lead investor is the newly established investment company Integrated Asset Management (Asia) Co., Ltd., which mainly participates in public and private equity investments and is good at telecommunications, finance, science and technology. Ren is the former chairman and one of the founders of Tuanfenglin Group, a Hong Kong knitwear manufacturer.

Forbes, a famous financial magazine that ranks the world's richest people every year, was sold and taken over by Hong Kong investor Ren and Taiwan Province investor Xie Weiqi. This means that two China businessmen have taken over the old magazine run by the Forbes family for 97 years. Forbes Media, the parent company of Forbes magazine, announced on 18 US time that it had agreed to sell a majority stake to the Hong Kong consortium Benhui Whale Media Investment Co., Ltd. When steve forbes, chairman and editor-in-chief of Forbes Media, was asked what "majority" meant, he replied: "For me," majority "means more than 565,438+0%". It is reported that the Forbes family, which retains a small stake, will continue to participate in the affairs of Forbes Media. In addition, the Forbes family will cooperate with Hong Kong Investment Group to further enhance the global market share of Forbes Media's existing product lineup in the fields of media, digital, technology and brand extension. Forbes media did not disclose the details of the transaction, but Reuters quoted people familiar with the matter as saying that the transaction amount is about 475 million US dollars and is expected to be completed before the end of the year.