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4 months ago
BRIEF-Inner Mongolia Tianshou Tech plans asset acquisition for 1.3 bln yuan
April 17, 2017 / 12:51 PM / 4 months ago

BRIEF-Inner Mongolia Tianshou Tech plans asset acquisition for 1.3 bln yuan

April 17 (Reuters) - Inner Mongolia Tianshou Technology & Development Co Ltd

* Says it plans to buy 75 percent stake and 342 million yuan worth of creditor's right in molybdenum producer for a combined 1.3 billion yuan ($188.87 million)

Source text in Chinese: bit.ly/2p9KC9v

Further company coverage: ($1 = 6.8830 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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