Qihoo 360, a Chinese Internet security firm, is to be acquired by a consortium of investors in a deal valued at about $9.3 billion, joining the list of Chinese companies de-listing from the U.S. market after receiving a buyout offer. Qihoo 360 joins a record number of Chinese companies on U.S. exchanges that have unveiled a total of over $30 billion in privatization deals this year. Qihoo 360’s definitive agreement for going private Qihoo 360 Technology unveiled Friday that it has entered into a definitive merger agreement pursuant to which it will be acquired by a consortium of investors in an all-cash…
Qihoo 360 Technology Co Ltd Strikes Deal To Be Taken Private
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports