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16 days ago
BRIEF-Citic Heavy to acquire stake in Tianjin Santroll Electric Automobile Technology
July 5, 2017 / 10:56 AM / 16 days ago

BRIEF-Citic Heavy to acquire stake in Tianjin Santroll Electric Automobile Technology

1 Min Read

July 5 (Reuters) - Citic Heavy Industries Co Ltd

* Says it plans to acquire 52.38 percent stake in Tianjin Santroll Electric Automobile Technology Co for about 691.4 million yuan ($101.68 million) via cash, share issue

Source text in Chinese: bit.ly/2tQ4IYG

Further company coverage: ($1 = 6.8000 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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