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BRIEF-Giant Network Group's Hong Kong unit joins in purchase of Massmutual Asia
August 18, 2017 / 4:15 AM / 4 months ago

BRIEF-Giant Network Group's Hong Kong unit joins in purchase of Massmutual Asia

Aug 18 (Reuters) - Giant Network Group Co Ltd

* Says Hong Kong unit Giant Investment (HK) Limited to invest HK$366.8 million ($46.88 million) in U.S. firm Massmutual Asia Ltd for 2.8 percent stake

* Says it joins Yunfeng Financial Group, other investors in the purchase of Massmutual Asia valued HK$13.1 billion

Source text in Chinese: bit.ly/2wloYBC

Further company coverage: ($1 = 7.8236 Hong Kong dollars) (Reporting by Hong Kong newsroom)

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