February 13, 2018 / 7:57 AM / 3 months ago

BRIEF-China CSSC Plans To Acquire Stakes In Shanghai Waigaoqiao Shipbuilding, Chengxi Shipbuilding

Feb 13 (Reuters) - China CSSC Holdings Ltd

* SAYS IT SIGNS FRAMEWORK AGREEMENT TO BUY 36.27 PERCENT STAKE IN SHANGHAI WAIGAOQIAO SHIPBUILDING CO LTD FROM EIGHT PARTIES INCLUDING CHINA LIFE, PICC P&C VIA SHARE ISSUE

* SAYS IT SIGNS FRAMEWORK AGREEMENT TO BUY 12.09 PCT STAKE IN CHENGXI SHIPBUILDING FIRM FROM SIX PARTIES INCLUDING NEW CHINA LIFE, CHINA LIFE VIA SHARE ISSUE Source text in Chinese: bit.ly/2EApX5E Further company coverage: (Reporting by Hong Kong newsroom)

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