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BRIEF-Fujian Aonong Biological Technology Group Incorporation unit to acquire 40.2 pct stake in livestock breeding firm
November 1, 2017 / 10:57 AM / 23 days ago

BRIEF-Fujian Aonong Biological Technology Group Incorporation unit to acquire 40.2 pct stake in livestock breeding firm

Nov 1(Reuters) - Fujian Aonong Biological Technology Group Incorporation Ltd

* Says co’s Jinhua-based wholly owned unit plans to acquire 40.2 percent stake in Jinhua-based livestock breeding firm (target firm) for 11.2 million yuan

* Says unit will hold 60 percent stake in target firm, up from 19.8 percent

Source text in Chinese: goo.gl/nuVF5z

Further company coverage: (Beijing Headline News)

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