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3 months ago
BRIEF-NARI Technology to buy various assets for 26.5 bln yuan via cash, share issue
May 16, 2017 / 11:51 AM / 3 months ago

BRIEF-NARI Technology to buy various assets for 26.5 bln yuan via cash, share issue

May 16 (Reuters) - NARI Technology Co Ltd

* Says it plans to buy various assets for a combined 26.5 billion yuan ($3.85 billion) via cash, share issue

* Says it aims to raise up to 6.1 billion yuan in private placement of shares to fund the acquisition, projects

Source text in Chinese: bit.ly/2qrsOUY

Further company coverage: ($1 = 6.8880 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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