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BRIEF-Qtone Education Group Guangdong to buy 47.3 pct stake in IT company at 114.5 mln yuan
December 20, 2016 / 10:19 AM / a year ago

BRIEF-Qtone Education Group Guangdong to buy 47.3 pct stake in IT company at 114.5 mln yuan

Dec 20 (Reuters) - Qtone Education Group Guangdong :

* Says it signed an agreement to buy 47.3 percent stake in a Shanghai-based IT company at 114.5 million yuan in total from two individuals

* Says it will hold 75 percent stake in the target company after acquisition

Source text in Chinese: goo.gl/lWCN9Z

Further company coverage: (Beijing Headline News)

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