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BRIEF-Chongqing Zongshen Power Machinery to acquire equipment manufacturing firm for 1 bln yuan
November 21, 2017 / 8:36 AM / a month ago

BRIEF-Chongqing Zongshen Power Machinery to acquire equipment manufacturing firm for 1 bln yuan

Nov 21 (Reuters) - Chongqing Zongshen Power Machinery Co Ltd

* Says it plans to acquire equipment manufacturing firm for 1.05 billion yuan ($158.28 million) via cash, share issue

Source text in Chinese: bit.ly/2mNE7sf

Further company coverage: ($1 = 6.6340 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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