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BRIEF-Laobaixing Pharmacy Chain signs agreement to buy stake in pharma firm for 271.4 mln yuan
September 29, 2017 / 11:10 AM / 18 days ago

BRIEF-Laobaixing Pharmacy Chain signs agreement to buy stake in pharma firm for 271.4 mln yuan

Sept 29 (Reuters) - Laobaixing Pharmacy Chain Joint Stock Co

* Says it signs agreement to buy 51 percent stake in pharma firm for 271.4 million yuan ($40.81 million)

Source text in Chinese: bit.ly/2fvAPUh

Further company coverage: ($1 = 6.6500 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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