December 17, 2015 / 1:05 PM / 2 years ago

BRIEF-Harbin Gloria Pharma to acquire stake in Shanxi Powerdone Pharma

Dec 17 (Reuters) - Harbin Gloria Pharmaceuticals Co Ltd

* Says to acquire 15 percent stake in Shanxi Powerdone Pharma for 386.7 million yuan ($59.66 million)

Source text in Chinese: bit.ly/1T3vKyi

Further company coverage: ($1 = 6.4822 Chinese yuan renminbi) (Reporting by Hong Kong and Singapore newsrooms)

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