Groups buy 65%stake in MP & Silva

Everbright Securities and Baofeng Technology 'right partners', according to media giant

Two Chinese companies - Shanghai-based brokerage and financial services provider Everbright Securities Co and Beijing-based internet entertainment and technology group Beijing Baofeng Technology Co - have bought a 65 percent stake in MP & Silva Ltd, one of world's largest sports program distributors.

MP & Silva distributes sports programming to more than 200 broadcasters in 215 countries, including English Premier League soccer and Formula One racing.