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BRIEF-Tsinghua Tongfang aims to indirectly own stake in Germany's Biotest
June 7, 2017 / 7:49 AM / 5 months ago

BRIEF-Tsinghua Tongfang aims to indirectly own stake in Germany's Biotest

June 7 (Reuters) - Tsinghua Tongfang Co Ltd

* Says it plans to invest 2.05 billion yuan ($301.78 million) in Tiancheng International Investment Ltd, which plans to acquire stake in Germany’s Biotest AG

Source text in Chinese: bit.ly/2r4tSNa

Further company coverage: ($1 = 6.7930 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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