MIH completes rare print media joint-venture deal

February 09, 2009 | BY

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MIH China (Mauritius) has closed its 37% equity investment in a new joint venture established with Anhui-based ADPG Media Group, publisher of 13 newspapers…

MIH China (Mauritius) has closed its 37% equity investment in a new joint venture established with Anhui-based ADPG Media Group, publisher of 13 newspapers and magazines.

The new joint venture will be involved in printing, advertising and distribution activities for ADPG.

Paul Weiss Rifkind Wharton & Garrison advised MIH on the deal. Legal counsel to ADPG was Hefei-based Chengyi Law Firm.

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