Posted inHeavy Hitters

China’s 21st richest person to purchase 70% of marriage and dating site Baihe

Fosun International chairman and business magnate Guo Guangchang plans to purchase a majority stake in marriage and dating website Baihe.com for just under RMB 4 billion ($630 million), local media is reporting. Baihe.com’s shareholders entered into an agreement with Yuanhong Investment to sell 869 million shares at a price of RMB 4.6 ($0.72) per share. […]