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BRIEF-Zhongchuang Telecom acquires 95.61 pct stake in Xinwei Telecom via share issue
March 14, 2014 / 12:40 PM / 4 years ago

BRIEF-Zhongchuang Telecom acquires 95.61 pct stake in Xinwei Telecom via share issue

March 14 (Reuters) - Beijing Zhongchuang Telecom Test Co Ltd

* Says plans to acquire 95.61 percent stake in Xinwei Telecom Enterprise Group for 22.49 billion yuan ($3.67 billion) via share issue

Source text in Chinese:link.reuters.com/syh67v

Further company coverage: ($1 = 6.1361 Chinese Yuan) (Reporting by Hong Kong newsroom)

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