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BRIEF-Dr.Peng Telecom & Media's units plan acquisitions in PLD, Urban Communications
November 15, 2017 / 7:42 AM / 8 days ago

BRIEF-Dr.Peng Telecom & Media's units plan acquisitions in PLD, Urban Communications

Nov 15 (Reuters) - Dr.Peng Telecom & Media Group Co Ltd

* Says Hong Kong unit plans to acquire 93 percent stake in PLD Holdings Limited for $90.0 million

* Says Canada unit plans to acquire Urban Communications Inc for C$14.6 million ($11.48 million)

Source text in Chinese: bit.ly/2AHveTm; bit.ly/2zEjbcu

Further company coverage: ($1 = 1.2720 Canadian dollars) (Reporting by Hong Kong newsroom)

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