Summary:

Rupert Murdoch’s News Corp is to exit Chinese Internet company NetEase.com through a buyback of shares for about $4.6 million. News Corp’s s…

Rupert Murdoch’s News Corp is to exit Chinese Internet company NetEase.com through a buyback of shares for about $4.6 million. News Corp’s stake would have a market value of about $10.21 million based on Thursday’s closing price, meaning the sell price is less than half the market value of the stake…

You’re subscribed! If you like, you can update your settings

By Rafat Ali

You're subscribed! If you like, you can update your settings

Related stories

Comments have been disabled for this post