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BRIEF-Zhejiang Yatai Pharma to acquire bio-pharma firm for 900 mln yuan
October 20, 2015 / 8:44 AM / 2 years ago

BRIEF-Zhejiang Yatai Pharma to acquire bio-pharma firm for 900 mln yuan

Oct 20 (Reuters) - Zhejiang Yatai Pharmaceutical Co Ltd

* Says to acquire a bio-pharma firm for 900 million yuan ($141.78 million) via cash

* Says shares to resume trading on Oct 21

Source text in Chinese: bit.ly/1PDnlSr; bit.ly/1LHOFxi

Further company coverage: ($1 = 6.3480 Chinese yuan renminbi) (Reporting by Hong Kong and Singapore newsrooms)

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