Brief: ATA Announces Entry Into Preliminary Deals For Acquisition Of Chinese Firm

ATA Creativity Global

09/04/2019 13:39

April 9 (Reuters) - ATA Inc  ATAI.O :
    * ATA ANNOUNCES ENTRY INTO PRELIMINARY AGREEMENTS FOR
ACQUISITION
OF A LEADING CHINESE SERVICE PROVIDER OF OVERSEAS ART EDUCATION
    * ATA INC - WILL PAY AN AGGREGATE DEPOSIT OF RMB20 MILLION
TO
CERTAIN OF ACG'S MAJOR SHAREHOLDERS
    * ATA INC -  AGREEMENT WITH BEIJING HUANQIUYIMENG EDUCATION
CONSULTATION CORP FOR A PROPOSED ACQUISITION OF ACG

Source text for Eikon:  ID:nGNX5ync1t 
Further company coverage:  ATAI.O 

 ((Reuters.Briefs@thomsonreuters.com;))