Reuters logo
BRIEF-Shenzhen Zero-Seven plans to acquire a cloud platform provider via cash and share issue
September 4, 2014 / 11:47 AM / 3 years ago

BRIEF-Shenzhen Zero-Seven plans to acquire a cloud platform provider via cash and share issue

Sept 4 (Reuters) - Shenzhen Zero-Seven Co Ltd

* Says plans to acquire a Jiangsu-based cloud platform provider for 1 billion yuan (162.91 million US dollar) via cash and share issue

* Says plans to raise up to 330 million yuan in private placement of shares to fund acquisition

* Says shares to resume trading on September 5

Source text in Chinese: bit.ly/1o0rXRU; bit.ly/1t3mixx

Further company coverage: (1 US dollar = 6.1383 Chinese yuan) (Reporting by Hong Kong newsroom)

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