July 9, 2017 / 3:41 PM / a month ago

BRIEF-Fujian SBS Zipper to buy stake in e-commerce provider Value Link

July 9 (Reuters) - Fujian SBS Zipper Science & Technology Co Ltd

* Says it plans to buy 65 percent stake in e-commerce provider Value Link Corp for 1.0 billion yuan ($146.97 million) by cash

Source text in Chinese: bit.ly/2sE6ebW

Further company coverage: ($1 = 6.8039 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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