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5 months ago
BRIEF-Lanzhou Minbai Shareholding lowers acquisition price of retail firm to 3 bln yuan
March 6, 2017 / 9:50 AM / 5 months ago

BRIEF-Lanzhou Minbai Shareholding lowers acquisition price of retail firm to 3 bln yuan

March 6 (Reuters) - Lanzhou Minbai Shareholding (Group) Co., Ltd.:

* Says it lowered the acquisition price of Hangzhou-based retail firm to 3 billion yuan from 3.1 billion yuan

* Says it cut private placement size to 408.6 million yuan from 418.3 million yuan

Source text in Chinese:goo.gl/URM4rw

Further company coverage: (Beijing Headline News)

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