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BRIEF-Ningbo Shuanglin Auto Parts to acquire investment firm for 2.3 bln yuan
September 18, 2017 / 9:27 AM / in a month

BRIEF-Ningbo Shuanglin Auto Parts to acquire investment firm for 2.3 bln yuan

Sept 18 (Reuters) - Ningbo Shuanglin Auto Parts Co Ltd

* Says it plans to acquire investment firm for 2.3 billion yuan ($350.34 million) via cash, share issue

* Says it plans to raise up to 739.4 million yuan in share private placement to help fund acquisition

Source text in Chinese: bit.ly/2fdJQoC

Further company coverage: ($1 = 6.5651 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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