Steve Forbes (centre), chairman and editor-in-chief of Forbes Media, and Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor, at the Forbes@100 Light-up Ceremony at InterContinental Hong Kong in 2017. Photo: Jonathan Wong Steve Forbes (centre), chairman and editor-in-chief of Forbes Media, and Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor, at the Forbes@100 Light-up Ceremony at InterContinental Hong Kong in 2017. Photo: Jonathan Wong
Steve Forbes (centre), chairman and editor-in-chief of Forbes Media, and Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor, at the [email protected] Light-up Ceremony at InterContinental Hong Kong in 2017. Photo: Jonathan Wong

China-backed Hong Kong blank cheque company buys Forbes Media in deal that values publisher at US$630 million

  • Forbes Global Media Holdings is the publisher of Forbes magazine and a closely watched list of the world’s billionaires
  • China Investment Corp, the country’s sovereign wealth fund, owns 5.8 per cent of Magnum Opus Acquisition based on US regulatory filing

Topic |   Banking & Finance
Steve Forbes (centre), chairman and editor-in-chief of Forbes Media, and Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor, at the Forbes@100 Light-up Ceremony at InterContinental Hong Kong in 2017. Photo: Jonathan Wong Steve Forbes (centre), chairman and editor-in-chief of Forbes Media, and Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor, at the Forbes@100 Light-up Ceremony at InterContinental Hong Kong in 2017. Photo: Jonathan Wong
Steve Forbes (centre), chairman and editor-in-chief of Forbes Media, and Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor, at the [email protected] Light-up Ceremony at InterContinental Hong Kong in 2017. Photo: Jonathan Wong
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