May 26, 2017 / 1:46 PM / 3 months ago

BRIEF-Zhongxin Information to acquire Beijing company for 296 mln yuan

May 26 (Reuters) - Zhongxin Information Development Inc Ltd Shanghai

* Says it plans to acquire Beijing company for 296 million yuan ($43.19 million) via cash, share issue

Source text in Chinese: bit.ly/2r58Mlm

Further company coverage: ($1 = 6.8540 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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