Electronic map maker Navinfo plans to acquire a 51.98 percent stake in China Trans Geomatics using 138 million yuan of the excess funds raised from its initial public offering,reports yicai.com, citing a company filing. The company will purchase a 43.97 percent stake for 100 million yuan, and inject 38 million yuan to raise the target company's registered capital to 50 million yuan. Read More

< Prev		Next >