A Chinese consortium is near to completing a deal to purchase mobile data and marketing firm International Data Group , sources have said , with the purchase price said to be a little under $ 1bn . The consortium is owned by global Oceanside Holdings . A deal would mark another takeover by Chinese buyers , which have been aggressively shopping overseas for the past year in the hope of gaining foreign assets as the consortium depreciates .
A Chinese consortium is near to completing a deal to purchase US data and marketing firm International Data Group, sources have said, with the purchase price said to be a little under $1bn. The consortium is led by China Oceanside Holdings. A deal would mark another purchase by Chinese buyers, which have been aggressively shopping overseas for the past year in the hope of gaining foreign assets as the yuan depreciates.