February 28, 2017 / 8:00 AM / 5 months ago

BRIEF-Southern Publishing and Media unit to set up buyout fund

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Feb 28 (Reuters) - Southern Publishing and Media Co Ltd :

* Says its wholly owned subsidiary, a Guangdong-based media investment firm, plans to set up buyout fund with two partners

* Says the subsidiary will invest 1.95 million yuan in the fund and to get 39 percent stake in it

Source text in Chinese:goo.gl/DOjrQb

Further company coverage: (Beijing Headline News)

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