April 23 (Reuters) - Genesis Healthcare Inc:
* PRESS RELEASE - GENESIS HEALTHCARE SELLS 51% STAKE IN CHINESE SUBSIDIARY GRS-HS TO RISWEIN HEALTH INDUSTRY INVESTMENT CO., LTD
* GENESIS HEALTHCARE INC - DEAL FOR $30 MILLION
* GENESIS HEALTHCARE INC - IN INTERIM, RISWEIN WILL LEND GRS-HS $5 MILLION, WHICH WILL FUND OPERATING EXPENSES DURING WOFE APPROVAL PROCESS
* GENESIS HEALTHCARE INC - RISWEIN AND GRS-HS WILL USE $30 MILLION TO FURTHER FUND EXPANSION IN CHINA Source text for Eikon: Further company coverage:
