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2 years ago
BRIEF-Deren Electronic signs agreement to acquire 60 pct stake in Italy's Meta system
March 12, 2015 / 11:47 AM / 2 years ago

BRIEF-Deren Electronic signs agreement to acquire 60 pct stake in Italy's Meta system

March 12 (Reuters) - Shenzhen Deren Electronic Co Ltd

* Says signs agreement to acquire 60 percent stake initially in Italy's Meta system S.p.A for 56.8 million euros ($60.41 million) to develop auto parts business

Source text in Chinese: bit.ly/1wZh3WV

Further company coverage: ($1 = 0.9403 euros) (Reporting by Hong Kong and Singapore newsrooms)

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