Reuters logo
BRIEF-Tianjin Tianyao Pharma plans acquisition via cash, share issue
May 26, 2016 / 10:41 AM / a year ago

BRIEF-Tianjin Tianyao Pharma plans acquisition via cash, share issue

May 26 (Reuters) - Tianjin Tianyao Pharmaceuticals Co Ltd

* Says it plans to acquire stakes in two pharma firms via cash, share issue

* Says it plans to raise up to 460 million yuan ($70.17 million) in private placement of shares

Source text in Chinese: bit.ly/1XUXjOE

Further company coverage: ($1 = 6.5557 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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