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771 Automated Systems Holdings News Story

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Brief: Beijing Teamsun Technology unit to fully buy Grid Dynamics International,Inc. for $118 mln

Dec 19 (Reuters) - Beijing Teamsun Technology Co., 
Ltd. 600410.SS : 
      
      
    * Says its controlling unit Automated Systems Holdings 
Limited  0771.HK  plans to use $118 million to buy 100 percent 
stake in the U.S.-based IT firm Grid Dynamics International,Inc. 
via unit 
     
     
    Source text in Chinese:https://goo.gl/NiotPT 
    Further company coverage: 600410.SS  0771.HK  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 10 62674724; 
Reuters Messaging: jun.cao.reuters.com@reuters.net))

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