Friday, June 1, 2007

Thomson buys non-China bureaus of Xinhua Finance

(Reuters) - The deal covers XFN bureaus in Tokyo, Manila, Jakarta, Kuala Lumpur, Singapore, Sydney and Seoul. The companies also signed licensing agreements for the exchange of news services after the sale, Xinhua Finance said in a statement.




XFN will keep editorial operations in Beijing, Shanghai, Hong Kong and Taipei, while news operations of Xinhua Finance's other subsidiaries, including Market News International, will not change.


Read more at Reuters.com Mergers News

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