November 6, 2017 / 10:06 PM / 13 days ago

BRIEF-Future Fintech enters into agreements to acquire Financial Assets

Nov 6 (Reuters) - Future Fintech Group Inc

* Future Fintech enters into agreements to acquire financial assets

* Future Fintech Group Inc says ‍one of its unit Hedetang Foods Co., Ltd. Entered into a series of agreements to acquire Financial Assets.​

* Future Fintech - ‍aggregate capital cost of four separate transfer agreements is about $27.3 million​

* Future Fintech Group Inc - ‍hedetang has agreed to purchase debts at a price which is 60% of collectable amount according to appraisal reports​ Source text for Eikon: Further company coverage:

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