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BRIEF-Hainan HNA Infrastructure Investment to acquire property firm, unit to sell advertising firm
November 13, 2017 / 10:28 AM / a month ago

BRIEF-Hainan HNA Infrastructure Investment to acquire property firm, unit to sell advertising firm

Nov 13 (Reuters) - Hainan Hna Infrastructure Investment Group Co Ltd

* Says it plans to acquire property firm of Hong Kong International Construction Investment Management Group Co Ltd’s unit for 762 million yuan ($114.76 million)

* Says unit plans to sell advertising firm for 1.0 billion yuan

Source text in Chinese: bit.ly/2AFpRVx; bit.ly/2zUdx6H

Further company coverage: ($1 = 6.6401 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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