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8 months ago
BRIEF-Ningbo Tech Bank halts plan to acquire Mofa, to invest in hog breeding project
December 20, 2016 / 12:15 PM / 8 months ago

BRIEF-Ningbo Tech Bank halts plan to acquire Mofa, to invest in hog breeding project

Dec 20 (Reuters) - Ningbo Tech Bank Co Ltd

* Says it halts plan to acquire U.S. company Mofa Group LLC

* Says its unit signs agreement on hog breeding project of investment worth about 2 billion yuan ($287.85 million)

Source text in Chinese: bit.ly/2hVeU8W; bit.ly/2hPhi1d

Further company coverage: ($1 = 6.9480 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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