February 28, 2018 / 3:32 AM / 6 months ago

BRIEF-Jiangsu Phoenix Publishing & Media unit signs contract to sell 21 pct stake in software firm for 61.3 mln yuan

Feb 28(Reuters) - Jiangsu Phoenix Publishing & Media Corp Ltd

* Says co’s Jiangsu-based wholly owned unit signed contract to sell 21 percent stake in a Xiamen-based software firm to a limited partnership and two individuals, for 61.3 million yuan

* Says unit will hold 30 percent stake in the Xiamen-based software firm after transaction

Source text in Chinese: goo.gl/29yBJQ

Further company coverage: (Beijing Headline News)

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