July 21, 2017 / 4:29 AM / 7 months ago

BRIEF-Dah Chong Hong announces acquisition of Mercedes-Benz and Audi dealership companies

July 21 (Reuters) - Dah Chong Hong Holdings Ltd

* Unit and Ciji Holding Group entered into the MB SPA

* Deal at a consideration for MB SPA is in the amount of rmb807.7 million

* Kunming Dah Chong Hong Management and Consulting Limited and the Audi sellers enter the Audi Spa

* Pursuant to MB SPA, MB seller agreed to sell MB Target Equity

* Audi sellers are Gong Jianquan And Shi Xuequan

* Unit conditionally agreed to purchase and audi sellers conditionally agreed to sell audi target equity for consideration of of rmb113.1 million Source text for Eikon: Further company coverage:

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