Reuters logo
BRIEF-Ourpalm to acquire stakes in two online game developers for 3 bln yuan
August 12, 2015 / 11:59 AM / 2 years ago

BRIEF-Ourpalm to acquire stakes in two online game developers for 3 bln yuan

Aug 12 (Reuters) - Ourpalm Co Ltd

* Says plans to acquire stakes in two online game developers for 3.0 billion yuan ($469.89 million) via cash, share issue

* Says aims to raise up to 1.5 billion yuan in private placement of shares to fund acquisition

Source text in Chinese: bit.ly/1MnM9h6

Further company coverage: ($1 = 6.3845 Chinese yuan renminbi) (Reporting by Hong Kong and Singapore newsrooms)

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