( April 17, 2015, 08:22 GMT | Official Statement) -- Chinese online marketplace 58.com Inc. said Friday it has acquired a 43.2 percent stake in Falcon View Technology, the holding company of Chinese peer Ganji.com. The New York-listed company bought the stake for a combination of 34 million newly issued shares and $412.2 million in cash, it said in a statement. Meanwhile, Chinese Internet giant Tencent has agreed to buy new shares in 58.com for $400 million, increasing its holdings in the company to 25.1 percent. Both transactions are expected to close within a few days, subject to customary closing conditions, the statement said. 58.com Acquires Strategic Stake In Ganji.com and Announces Additional Investment by Tencent...
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