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BRIEF-HMV Digital China updates on acquisition of Panorama Corp, Parkway Licensing
January 9, 2017 / 10:41 PM / 8 months ago

BRIEF-HMV Digital China updates on acquisition of Panorama Corp, Parkway Licensing

Jan 10 (Reuters) - HMV Digital China Group Ltd

* discloseable Transaction In Relation To The Acquisition Of Panorama Corporation And Parkway Licensing And Involving The Issue Of Consideration Shares Under Specific Mandate

* deal for consideration of hk$31.5 million

* Purchaser and company entered into panorama agreement with panorama vendor

* panorama vendor to sell and purchaser to purchase panorama sale shares, representing 70% of issued share capital of panorama corporation

* purchaser and co entered into parkway agreement with parkway vendors for parkway sale shares for consideration of hk$7mln Source text for Eikon: Further company coverage:

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