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BRIEF- Beijing Thunisoft to acquire tech firm for 1.5 bln yuan
March 20, 2017 / 3:32 AM / 9 months ago

BRIEF- Beijing Thunisoft to acquire tech firm for 1.5 bln yuan

March 20 (Reuters) - Beijing Thunisoft Co Ltd

* Says it plans to acquire technology firm for 1.5 billion yuan ($217.39 million) via cash, share issue

* Says it plans to raise up to 490 million yuan in share private placement to fund acquisition

Source text in Chinese: bit.ly/2nBr5hr

Further company coverage: ($1 = 6.9000 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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