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3 years ago
BRIEF-Tianjin Guangyu Dev plans asset acquisition worth 12.5 bln yuan via share issue
April 1, 2014 / 12:06 PM / 3 years ago

BRIEF-Tianjin Guangyu Dev plans asset acquisition worth 12.5 bln yuan via share issue

April 1 (Reuters) - Tianjin Guangyu Development Co Ltd

* Says plans to acquire assets owned by Shandong Luneng Group and others for 12.5 billion yuan ($2.01 billion) via share issue

Source text in Chinese: link.reuters.com/jyf28v

Further company coverage: ($1 = 6.2180 Chinese Yuan) (Reporting by Hong Kong and Singapore newsrooms)

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