Reuters logo
BRIEF-Jiayuan International says unit enters into equity transfer framework agreement
January 2, 2017 / 12:03 PM / a year ago

BRIEF-Jiayuan International says unit enters into equity transfer framework agreement

Jan 2 (Reuters) - Jiayuan International Group Ltd :

* Unit entered into equity transfer framework agreement with vendors and target company

* Deal for an initial consideration of RMB610 million

* Agreement sets out principal terms in respect of sale and purchase of 49% equity interest in Shenzhen Songling Industrial

* Consideration will be funded by internal resources of group and bank financing Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below