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BRIEF-Meinian Onehealth Healthcare Holdings to buy 72.2 pct stake in Ciming Checkup via cash and share issue
June 15, 2017 / 6:37 AM / 4 months ago

BRIEF-Meinian Onehealth Healthcare Holdings to buy 72.2 pct stake in Ciming Checkup via cash and share issue

June 15(Reuters) - Meinian Onehealth Healthcare Holdings Co Ltd :

* Says it plans to buy 72.2 percent stake in Ciming Checkup for 2.7 billion yuan

* It will issue 150.9 million shares in private placement and pay cash of 350 million yuan

* It will raise up to 510 million yuan in private placement for payment of transaction and facility purchase

Source text in Chinese: goo.gl/l2kgBB

Further company coverage: (Beijing Headline News)

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