Reuters logo
in 3 months
BRIEF-Hengli Petrochemical to buy two firms for 11.5 bln yuan
April 16, 2017 / 1:09 PM / in 3 months

BRIEF-Hengli Petrochemical to buy two firms for 11.5 bln yuan

1 Min Read

April 16 (Reuters) - Hengli Petrochemical Co Ltd

* Says to buy company owner's two affiliates for a combined 11.5 billion yuan ($1.67 billion) via share issue

* Says it aims to raise up to 11.5 billion yuan by private placement of shares to fund company's chemical project

Source text in Chinese:bit.ly/2ppOnV5

Further company coverage: ($1 = 6.8835 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below