December 28, 2017 / 12:31 AM / a month ago

BRIEF-Greentown China Holdings Announces Acquisition Of Interests In Football Club

Dec 28 (Reuters) - Greentown China Holdings Ltd:

* ANNOUNCES ACQUISITION OF INTERESTS IN FOOTBALL CLUB

* UNIT ENTERED INTO ACQUISITION AGREEMENT WITH GREENTOWN HOLDINGS AND ZHEJIANG GREENTOWN FOOTBALL CLUB

* DEAL FOR RMB331.4 MILLION

* GREENTOWN REAL ESTATE AGREED TO ACQUIRE AND GREENTOWN HOLDINGS AGREED TO SELL 50% EQUITY INTEREST IN FOOTBALL CLUB

* ‍EXPECTED ESTIMATED GAIN ABOUT RMB112 MILLION BEFORE TAX FOR ACQUISITION OF FOOTBALL CLUB 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