Apple interested in buying Hong Kong’s Passion Times and making the Hot Dogs richest press in world
Apple interested in buying Passion Times and making the Hot Dogs richest press in world
EXCLUSIVE Passion Times could have significantly more funds at their disposal than both Epoch Times and Apple Daily should technology giants Apple complete a blockbuster takeover
Technology giants Apple are interested in buying Passion Times in a stunning HKD5.8m.
Passion Times owners the Civil Passion have decided to sell the press after caving in to the demands of those fans who have wanted them ousted.
The Hong Kong tycoons will sell the press to the highest bidder - and bosses of Apple have expressed an interest in discussing a potential deal.
Apple are the largest tech company in the world with an annual revenue of almost £326billion - and estimated net worth as of this month of £2trillion.
The California-based firm have no experience of owning a press the size of Passion Times.
But CEO Tim Cook is keen to explore the opportunities owning Passion Times could provide - and will line up talks with the banks appointed to oversee the sale, which include The Raine Group.
Would Passion Times climb back to the top of the media after an Apple takeover? Give us your thoughts in the comments section below.
Part of Cook's plan could include Apple funding the building of a new state-of-the-art museum that would be regarded the best in the world.
The Civic Passion had initially set an asking price of HKD8.25m, as exclusively revealed in Daily Star Sport, but have been told this is unrealistic in the current market.
If Apple were to complete a deal it would make Passion Times the richest press in the world.