July 5, 2017 / 1:18 PM / 4 months ago

BRIEF-New World Development updates on privatisation to acquire New World Department store China

July 5 (Reuters) - New World Development Co Ltd:

* Updates on privatisation by way of offer by UBS AG Hong Kong branch to acquire all shares of new world department store China

* Offer is made by UBS on behalf of offeror to acquire all of offer shares at cash consideration of HK$2.00 per offer share Source text for Eikon: Further company coverage:

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