March 20, 2017 / 9:28 AM / 5 months ago

BRIEF-Sinomach Automobile units in deals to buy two firms

March 20 (Reuters) - Sinomach Automobile Co Ltd :

* Says co's two wholly owned units signed contract to buy a Tianjin-based international trading firm and an auto industrial import and export firm respectively

* Says transaction amount for each target firm is 1 yuan

Source text in Chinese: goo.gl/LIV9Fd ; goo.gl/IwBY5b

Further company coverage: (Beijing Headline News)

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