Reuters logo
BRIEF-Wangsu Science & Technology's unit in deal to buy stake in KDDI's CDNetworks
February 21, 2017 / 12:25 PM / 7 months ago

BRIEF-Wangsu Science & Technology's unit in deal to buy stake in KDDI's CDNetworks

Feb 21 (Reuters) - Wangsu Science & Technology Co Ltd

* Says board approves to boost Hong Kong unit’s capital by $152 million for acquisition

* Says its Hong Kong unit signs agreement to acquire 12.1 million shares, equivalent to 97.82 percent stake in CDNetworks Co Ltd From KDDI Corp for 21.1 billion yen ($185.72 million)

Source text in Chinese: bit.ly/2m7F1vp; bit.ly/2lHoy3O

Further company coverage: ($1 = 113.6100 yen) (Reporting by Hong Kong newsroom)

Our Standards:The Thomson Reuters Trust Principles.
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