Reuters logo
in 7 months
BRIEF-Lingyun Industrial to acquire machinery maker, tech firm for 1.3 bln yuan
December 27, 2016 / 10:50 AM / in 7 months

BRIEF-Lingyun Industrial to acquire machinery maker, tech firm for 1.3 bln yuan

1 Min Read

Dec 27 (Reuters) - Lingyun Industrial Corp Ltd

* Says it plans to buy machinery maker, technology firm for a combined 1.29 billion yuan ($185.61 million) via share issue

* Says it plans to raise up to 235.6 million yuan in private placement of shares to fund projects

Source text in Chinese: bit.ly/2icXhEv

Further company coverage: ($1 = 6.9500 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below