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BRIEF-China Yongda Automobiles Services says unit to buy dealerships in China
September 11, 2017 / 2:45 PM / 3 months ago

BRIEF-China Yongda Automobiles Services says unit to buy dealerships in China

Sept 11 (Reuters) - China Yongda Automobiles Services Holdings Ltd:

* Shanghai Yongda signed equity transfer agreement as purchaser, with the vendor

* Unit Automobile Group to acquire 100 percent equity interest in four companies incorporated in PRC

* Target cos to be bought by unit run 2 Porsche 4s dealerships, 1 jaguar/land rover 4s dealership & 1 4s dealership Source text: (bit.ly/2gVQX5f) Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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