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BRIEF-Real Nutriceutical says unit entered into agreement
April 19, 2017 / 3:22 PM / 7 months ago

BRIEF-Real Nutriceutical says unit entered into agreement

April 19 (Reuters) - Real Nutriceutical Group Ltd:

* Acquisition in relation to acquisition of target engaging in sale and distribution of pharmaceutical and healthcare products in prc

* Deal for for a total cash consideration of rmb1.55 billion

* Seller guarantees that net profit after taxation of target group for fy ending 31 dec 2017 shall be not less than rmb70 million

* Ray Sail Investments to purchase, and Tseng Hui-Che to sell, sale shares, representing entire issued share capital of major express group Source text: [bit.ly/2oshPYO] Further company coverage:

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