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BRIEF-Xinhua Winshare Publishing & Media announces ‍transfer of equity interest in unit
September 13, 2017 / 10:35 AM / 2 months ago

BRIEF-Xinhua Winshare Publishing & Media announces ‍transfer of equity interest in unit

Sept 13 (Reuters) - Xinhua Winshare Publishing & Media Co Ltd:

* Announces ‍transfer of 85% equity interest in Beijing Huaying Winshare Movie & Tv Culture Co

* Deal for consideration of RMB115.8 million

* Company can expect to realise a gain of about RMB25 million through equity transfer

* ‍Upon completion, Beijing Huaying Winshare Movie & Tv Culture shall cease to be a subsidiary of company​ Source text for Eikon: Further company coverage:

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