{"id":626056,"date":"2018-08-29T03:50:21","date_gmt":"2018-08-29T03:50:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/chinese-company-to-acquire-a-usd-50-mn-gemstone\/"},"modified":"2018-08-29T03:50:21","modified_gmt":"2018-08-29T03:50:21","slug":"chinese-company-to-acquire-a-usd-50-mn-gemstone","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/chinese-company-to-acquire-a-usd-50-mn-gemstone\/","title":{"rendered":"Chinese company to acquire a USD 50 mn gemstone"},"content":{"rendered":"<p><strong>A 12.5 kg sapphire hidden from the public eye since 2004 is going on tour \u2014 thanks a Chinese brick manufacturer.<\/strong> The Millennium Sapphire, which was discovered in Madagascar in 1984, will be snapped up by China\u2019s Yulong Eco-Materials for USD 50 mn in restricted stock in a transaction expected to close within three weeks, <a href=\"https:\/\/www.wsj.com\/articles\/millennium-sapphire-comes-out-of-hiding-in-50-million-deal-1534973777?mod=searchresults&page=1&pos=2\">says the Wall Street Journal<\/a>. \u201cYulong said it plans to take the sapphire on a world tour of museums, to develop documentaries, and to include the gem in the plots of feature films,\u201d with plans to generate cash through branding, royalties, licensing, and ticket sales. Uhm, good luck with that, dudes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A 12.5 kg sapphire hidden from the public eye since 2004 is going on tour \u2014 thanks a Chinese brick manufacturer. The Millennium Sapphire, which was discovered in Madagascar in 1984, will be snapped up by China\u2019s Yulong Eco-Materials for USD 50 mn in restricted stock in a transaction expected to close within three weeks, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":626057,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9284],"tags":[72,2407],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-626056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-image-of-the-day","tag-enterpriseam","tag-image-of-the-day","wpautop","entry"],"acf":{"mongo_id":"2e11b91c-ed1b-4646-a208-d0c7be14cc12","order":"0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2018\/8\/1815.jpg","photo_position":"above","related_issue":[626040],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Chinese company to acquire a USD 50 mn gemstone - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/chinese-company-to-acquire-a-usd-50-mn-gemstone\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chinese company to acquire a USD 50 mn gemstone\" \/>\n<meta property=\"og:description\" content=\"A 12.5 kg sapphire hidden from the public eye since 2004 is going on tour \u2014 thanks a Chinese brick manufacturer. The Millennium Sapphire, which was discovered in Madagascar in 1984, will be snapped up by China\u2019s Yulong Eco-Materials for USD 50 mn in restricted stock in a transaction expected to close within three weeks, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/chinese-company-to-acquire-a-usd-50-mn-gemstone\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-29T03:50:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/1815.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/chinese-company-to-acquire-a-usd-50-mn-gemstone\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/chinese-company-to-acquire-a-usd-50-mn-gemstone\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Chinese company to acquire a USD 50 mn gemstone\",\"datePublished\":\"2018-08-29T03:50:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/chinese-company-to-acquire-a-usd-50-mn-gemstone\/\"},\"wordCount\":110,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/chinese-company-to-acquire-a-usd-50-mn-gemstone\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2018\/8\/1815.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"IMAGE OF THE DAY\"],\"articleSection\":[\"Image of the Day\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/chinese-company-to-acquire-a-usd-50-mn-gemstone\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/08\/29\/chinese-company-to-acquire-a-usd-50-mn-gemstone\/\",\"name\":\"Chinese company to acquire a USD 50 mn gemstone - 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