March 12, 2018 / 9:37 AM / 9 months ago

BRIEF-Shanghai Haixin Group to acquire 25 pct stake in wool spinning firm for 10 mln yuan

March 12(Reuters) - Shanghai Haixin Group Co Ltd

* Says co plans to acquire 25 percent stake in Shanghai-based wool spinning firm (target firm), at the price of 10 million yuan

* Says co is holding 70 percent stake in target firm

Source text in Chinese: goo.gl/gW7EjE

Further company coverage: (Beijing Headline News)

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