SouFun Holdings (SFUN) Reports In-Line Q2 EPS; Boosts FY15 Revenue Outlook
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SouFun Holdings (SFUN) Announces $1B Investment from IDG, Carlyle
August 7, 2015 7:48 AM EDTSouFun Holdings (NYSE: SFUN) has entered into memorandums of understanding ("MOUs") with IDG China Capital Fund III LLP ("IDG") and Carlyle Group (Carlyle) in which IDG, Carlyle, and the management (mainly founder and CEO Vincent Mo) will invest a total amount no more than US$1 billion (of which 50% will be convertible notes) to purchase the company's new Class A ordinary... More
