SouFun Announces Investment from IDG, Carlyle and Management Members

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SouFun Holdings (SFUN) Enters Subscription Agreements for Up to $700M of Investments

September 18, 2015 6:32 AM EDT

SouFun Holdings (NYSE: SFUN) announced that it entered into (i) a subscription agreement ( "IDG Subscription Agreement") with IDG Alternative Global Limited, which is an affiliate of IDG Capital Partners ("IDG") as of the date of IDG Subscription Agreement and (ii) a subscription agreement ("Carlyle Subscription Agreement", together with IDG Subscription Agreement, "Subscription Agreements") with Safari Group Holdings Limited and Safari Group CB Holdings Limited, which are beneficially owned by... More