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BRIEF-Shenzhen Ideal Jewellery to acquire two firms for 1.6 bln yuan
November 26, 2017 / 1:51 PM / 16 days ago

BRIEF-Shenzhen Ideal Jewellery to acquire two firms for 1.6 bln yuan

Nov 26 (Reuters) - Shenzhen Ideal Jewellery Co Ltd :

* SAYS IT PLANS TO BUY TWO JEWELLERY FIRMS FOR A COMBINED 1.6 BILLION YUAN VIA CASH, SHARE ISSUE

* SAYS IT AIMS TO RAISE UP TO 305 MILLION YUAN IN SHARE PRIVATE PLACEMENT TO FUND THE ACQUISITION Source text for Eikon: bit.ly/2A7QzrS Further company coverage: (Reporting by Hong Kong newsroom)

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