February 8, 2018 / 7:49 AM / 16 days ago

BRIEF-GRG Banking Equipment To Acquire Stake In Beijing Firm For 312.8 Million Yuan

Feb 8 (Reuters) - GRG Banking Equipment Co Ltd:

* SAYS IT PLANS TO ACQUIRE 46 PERCENT STAKE IN BEIJING INFORMATION TECH FIRM FOR 312.8 MILLION YUAN ($49.50 million) Source text in Chinese: bit.ly/2BiyOGT Further company coverage: ($1 = 6.3193 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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