April 9, 2018 / 4:47 AM / 13 days ago

BRIEF-Tech-bank Food to acquire 23.8 pct stake in Hangzhou Qiandaohu Xunlong Sci-tech for 114.6 mln yuan

April 9(Reuters) - Tech-bank Food Co Ltd

* Says co plans to acquire 23.8 percent stake (14.5 million shares) in Hangzhou Qiandaohu Xunlong Sci-tech Co Ltd (target firm), at the price of 114.6 million yuan

* Says co will become the top shareholder of target firm

Source text in Chinese: goo.gl/WLUijL

Further company coverage: (Beijing Headline News)

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