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BRIEF-Tongding Interconnection Information completes acquisition of network firm via share issue, cash
April 24, 2017 / 10:24 AM / in 6 months

BRIEF-Tongding Interconnection Information completes acquisition of network firm via share issue, cash

April 24(Reuters) - Tongding Interconnection Information Co Ltd :

* Says it acquired network tech firm for 1.08 billion yuan via issuance of 42.1 million shares and cash pay of 432 million yuan

* It raised 447.0 million yuan in private placement for transaction payment

* Listing date for new shares is April 26

Source text in Chinese: goo.gl/GNLaSa

Further company coverage: (Beijing Headline News)

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