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BRIEF-Nanjing Xinjiekou Dept Store's unit to acquire stake in UK's Tandem Bank
December 27, 2016 / 11:44 AM / 10 months ago

BRIEF-Nanjing Xinjiekou Dept Store's unit to acquire stake in UK's Tandem Bank

Dec 27 (Reuters) - Nanjing Xinjiekou Department Store Co Ltd

* Says its unit Fraser Financial Service plans to acquire 25.17 percent stake in UK’s Tandem Bank Ltd for 35 million pounds ($42.91 million)

Source text in Chinese: bit.ly/2hjO8FK

Further company coverage: ($1 = 0.8157 pounds) (Reporting by Hong Kong newsroom)

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