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BRIEF-Beijing Hanbang Technology to acquire media tech firm for 594.5 mln yuan
February 9, 2017 / 11:32 AM / 10 months ago

BRIEF-Beijing Hanbang Technology to acquire media tech firm for 594.5 mln yuan

Feb 9 (Reuters) - Beijing Hanbang Technology Corp

* Says it plans to acquire Beijing media technology firm for 594.5 million yuan ($86.60 million) via cash, share issue

* Says it plans to raise up to 353 million yuan in share private placement

Source text in Chinese: bit.ly/2kWjCat

Further company coverage: ($1 = 6.8645 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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