Reuters logo
3 months ago
BRIEF-Global Top E-commerce says scrap of tech firm acquisition
April 12, 2017 / 7:05 AM / 3 months ago

BRIEF-Global Top E-commerce says scrap of tech firm acquisition

1 Min Read

April 12 (Reuters) - Global Top E-commerce Co Ltd :

* Says it scraped acquisition of 84.6 percent stake in tech firm

* Says it plans to buy stakes in e-commerce firm for 1.8 billion yuan via cash and share issue

* It plans to raise up to 659.5 million yuan in private placement of shares to help fund acquisitions

Source text in Chinese: goo.gl/9NAF5k

Further company coverage: (Beijing Headline News)

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