December 20, 2017 / 11:43 AM / a month ago

BRIEF-Shandong Buchang Pharma To Acquire 70 Pct Stake In Pharma Firm, Invest In Expansion Project

Dec 20 (Reuters) - Shandong Buchang Pharmaceuticals Co Ltd :

* SAYS UNIT PLANS TO INVEST UP TO 120 MILLION YUAN IN PRODUCTION EXPANSION PROJECT

* SAYS IT PLANS TO ACQUIRE 70 PERCENT STAKE IN PHARMA FIRM FOR UP TO 118.0 MILLION YUAN Source text in Chinese: bit.ly/2kOifc8; bit.ly/2BliHtz Further company coverage: (Reporting by Hong Kong newsroom)

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