February 9, 2018 / 7:28 AM / 6 months ago

BRIEF-Shandong Ruyi Investment Holding To Acquire Majority Stake In Bally International ‍​

Feb 9 (Reuters) -

* JAB HOLDING CO - SHANDONG RUYI INVESTMENT HOLDING TO ACQUIRE A MAJORITY STAKE IN BALLY INTERNATIONAL A.G. ‍​

* JAB HOLDING CO - UNDER TERMS OF DEAL, JAB TO RETAIN MINORITY INTEREST IN BALLY WHILE BALLY'S MANAGEMENT TEAM WILL REINVEST ALONGSIDE SHANDONG RUYI ‍​ Source text : bit.ly/2EwVXaY

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