China's says not in talks to take the company private

March 6 Wed Mar 6, 2013 2:06am EST

March 6 (Reuters) - Chinese Internet portal Inc denied a media report on Wednesday that the company is talking to investment banks and private equity funds about a possible plan to take the company private.

Sohu also said it has no plans to delist its common stock from Nasdaq.

"No such discussions are in progress or currently contemplated," Chief Financial Officer Carol Yu said in a statement.

South China Morning Post, citing four financial industry sources, reported on Wednesday that is in talks with investment banks about a possible financing plan that would take the company private.

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