Brief: Freeman Fintech Corporation to acquire controlling interest in Wins Finance

ARTA TechFin

13/12/2016 12:42

Dec 13 (Reuters) - Freeman Fintech Corporation ltd  0279.HK  
    * major Transaction - Acquisition Of A Controlling Interest 
In Wins Finance Holdings Inc.  
    * purchaser entered into share purchase agreement with 
seller parties 
    * purchaser agreed to purchase, and sellers agreed to sell, 
67.1% equity interest in target company at purchase price 
    * purchase price is lower of  us$260mln or adjusted purchase 
price 
    * purchaser is spectacular bid limited ; seller parties are 
appelo ltd, wits global ltd and wang hong 
 
Source text for Eikon:  ID:nHKS1V7SRJ  
Further company coverage:  0279.HK  
 
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