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Announced

Fang Holdings to acquire a minority stake in China Index Holdings for $90m.

Synopsis

Fang Holdings, real estate Internet portal in China is set to acquire a minority stake in China Index Holdings, a developer of online real estate information platform for $90m. According to the Agreement, Fang will have the absolute and sole discretion to determine the number of shares to purchase, the timing of the purchase, and whether a single or a series of transactions.

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