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4 months ago
BRIEF-Shanghai Runda Medical Technology to buy ReLIA Diagnostics via cash, share issue
May 8, 2017 / 8:56 AM / 4 months ago

BRIEF-Shanghai Runda Medical Technology to buy ReLIA Diagnostics via cash, share issue

May 8 (Reuters) - Shanghai Runda Medical Technology Co Ltd

* Says it plans to buy ReLIA Diagnostics for 1.2 billion yuan ($173.84 million) via cash, share issue

* Says it aims to raise up to 275 million yuan via share private placement to fund the acquisition

Source text in Chinese: bit.ly/2qRCZlo

Further company coverage:

$1 = 6.9030 Chinese yuan renminbi Reporting by Hong Kong newsroom

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