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BRIEF-Nanfang Black Sesame to acquire edible oil firm for 660 mln yuan
November 16, 2015 / 12:41 PM / 2 years ago

BRIEF-Nanfang Black Sesame to acquire edible oil firm for 660 mln yuan

Nov 16 (Reuters) - Nanfang Black Sesame Group Co Ltd

* Says plans to acquire edible oil firm for 660 million yuan ($103.61 million) via cash, share issue

* Says aims to raise up to 313.5 million yuan in private placement of shares to fund acquisition

Source text in Chinese: bit.ly/1ObtOlL

Further company coverage: ($1 = 6.3700 Chinese yuan renminbi) (Reporting by Hong Kong and Singapore newsrooms)

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