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BRIEF-Shandong Luoxin Pharmacy received a letter from joint offerors
March 13, 2017 / 3:09 PM / 8 months ago

BRIEF-Shandong Luoxin Pharmacy received a letter from joint offerors

March 13 (Reuters) - Shandong Luoxin Pharmacy Group Co Ltd :

* Received a letter from joint offerors and giant star BVI

* Total consideration of offer would be approximately HK$2.34 billion

* Letter for voluntary conditional offer is being contemplated by somerley capital, on behalf of joint offerors, for h shares of co

* Each of holders of domestic shares entered into irrevocable undertakings in favour of joint offerors and giant star bvi Source text for Eikon: Further company coverage:

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