February 13, 2017 / 10:14 AM / in 5 months

BRIEF-Shanghai Shimao's unit to acquire stake in Australian Standard Agriculture

1 Min Read

Feb 13 (Reuters) - Shanghai Shimao Co Ltd

* Says unit plans to acquire 60 percent stake in Australian Standard Agriculture for A$2.6 million ($1.99 million)

Source text in Chinese: bit.ly/2lFUP7J

Further company coverage: ($1 = 1.3043 Australian dollars) (Reporting by Hong Kong newsroom)

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