Xinhua Finance to acquire risk management firm


Xinhua Finance, a Chinese financial information provider, is looking to acquire all the shares in Beijing Alpha Financial Engineering, a risk management systems developer in China, from its two shareholders.

The deal, which is subject to approval from Chinese regulatory authorities, is estimated to be worth $2 million, which Xinhua Finance will pay over three years in amounts tracking Beijing Alpha's performance in 2005, 2006, 2007 and 2008.

Xinhua Finance says the addition of Beijing Alpha is

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: