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BRIEF-Shenzhen Ellassay Fashion raises stake in Shenzhen-based investment firm to 65 pct
April 13, 2017 / 8:57 AM / 5 months ago

BRIEF-Shenzhen Ellassay Fashion raises stake in Shenzhen-based investment firm to 65 pct

April 13(Reuters) - Shenzhen Ellassay Fashion Co Ltd :

* Says it acquired 16 percent stake in a Shanghai-based investment firm for 79 million yuan

* It holds 65 percent stake in target company after transaction and gains control of IRO SAS indirectly

Source text in Chinese: goo.gl/73Dfz2

Further company coverage: (Beijing Headline News)

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