Brief: We Solutions Announces Proposed Acquisition Of 40% Of Apollo
16/05/2019 23:12
May 17 (Reuters) - We Solutions Ltd 0860.HK :
* ANNOUNCES PROPOSED ACQUISITION OF 40% OF APOLLO AUTOMOBIL
* ACQUISITION OF 40% OF APOLLO AUTOMOBIL FROM IDEAL TEAM
VENTURES
* AGGREGATE CONSIDERATION FOR ACQUISITION OF UP TO
APPROXIMATELY
HK$480 MILLION
* AGREED TO LEND TO TARGET COMPANY SHAREHOLDER'S LOAN IN AN
AGGREGATE AMOUNT OF HK$200 MILLION
Source text for Eikon: ID:nHKS9WH7Vv
Further company coverage: 0860.HK
((Reuters.Briefs@thomsonreuters.com;))
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