Focus Media Holding | South China Morning Post
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  • Mar 6, 2015
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Focus Media Holding

Focus Media accepts US$3.7b buyout offer

Focus Media was accused of fraudulently overstating by about 50 per cent the number of screens in its digital display-advertising network across the mainland. Photo: Bloomberg

Focus Media has agreed to go private in a US$3.7 billion acquisition led by its founding chairman, global investment firm Carlyle Group and leading mainland private equity companies.

Friday, 21 December, 2012, 4:26am

Focus Media's privatisation bid hits speed bumps

China's rapidly weakening advertising market may be undermining Focus Media's ongoing privatisation bid, with word that one of the companies underwriting the buyout may have backed out of the deal.

10 Dec 2012 - 11:44am

Focus Media mops up market share with CGen acquisition

Focus Media Holding, the mainland's largest outdoor media firm, moved to cement its domestic market dominance last week by acquiring in-store advertising network rival CGen Digital Media in a deal that could be worth US$350 million.

18 Dec 2007 - 12:00am

Focus Media mulls spinning off unit in fast-growing mobile ad sector

Focus Media Holding, the mainland's largest outdoor media firm, was considering spinning off DodAd, its mobile advertising unit, in either Hong Kong or the United States to allow investors exposure to pure mobile advertising plays, chief executive Jason Jiang Nanchun said.

27 Nov 2007 - 12:00am

Focus Media to raise US$950m from share sale

Focus Media Holding, the mainland's largest flat-panel outdoor media firm, and its shareholders plan to raise about US$950 million next week from a share sale to finance acquisitions, according to a term sheet sent to investors.

Focus Media is offering 4.99 million of the 13.72 million shares on offer. It may sell an additional two million shares if demand warrants.

3 Nov 2007 - 12:00am

Focus Media dives on audit probe

Shares in Focus Media Holding, the mainland's largest outdoor media firm, sank as much as 12 per cent in the United States on Monday after the company said the filing of its annual report would be delayed because of an internal audit inquiry.

4 Jul 2007 - 12:00am

Focus Media profit up 72.7pc for first quarter

Focus Media Holding, China's largest outdoor advertising firm, said its first-quarter net profit soared 72.7 per cent from a year ago as the fast-growing economy prompted companies to beef up marketing campaigns.

19 May 2007 - 12:00am

Focus faces test over acquisition of Allyes

Focus Media Holding, whose acquisition trail helped it triple revenue last year, faces a battle to justify its US$300 million purchase last week of the mainland's largest online advertising agency, Allyes Information Technology, analysts said.

6 Mar 2007 - 12:00am

Focus faces test over acquisition of Allyes

Focus Media Holding, whose acquisition trail helped it triple revenue last year, faces a battle to justify its US$300 million purchase last week of the mainland's largest online advertising agency, Allyes Information Technology, analysts said.

6 Mar 2007 - 12:00am

Focus Media targets US$500m in ADS sale

Focus Media Holding, operator of the mainland's largest flat-panel television advertising network, and several shareholders plan to raise about US$500 million in a follow-on share placement, people familiar with the deal said.

The company plans to sell 1.5 million new American depositary shares and use the proceeds to fund possible acquisitions as well as for working capital.

23 Jan 2007 - 12:00am

Focus Media share sale to cash in on 292pc surge

Shareholders in outdoor media firm Focus Media Holding are selling 69 million shares to reap profits following the stock's surge by more than 292 per cent since listing in July last year.

6 Jun 2006 - 12:00am

Earnings surge at outdoor ad firm

Focus Media Holding, an outdoor electronic advertising firm, said its first-quarter net profit jumped 257 per cent as advertisers spent more to promote their products.

Net income for the quarter to March was US$9.43 million, compared with US$2.64 million in the same period last year.

Revenue surged to US$33.13 million from US$9.57 million.

20 May 2006 - 12:00am