Brief: AviChina Industry & Technology Announces Transfer Of 26.77 Pct Stake In Savi Avionics
27/12/2018 10:14
Dec 27 (Reuters) - AviChina Industry & Technology Co Ltd
2357.HK :
* ANNOUNCES TRANSFER OF 26.77% OF EQUITY INTEREST IN SAVI
AVIONICS
BY AVIC KAITIAN TO AVIC AIRBORNE SYSTEMS
* DEAL FOR RMB127.5 MILLION
* EXPECTS TRANSFER WILL GENERATE A GAIN OF ABOUT RMB119
MILLION
Source text for Eikon: urn:newsml:reuters.com:*:nHKS1mLdyV
Further company coverage: 2357.HK
(Reuters.Briefs@thomsonreuters.com)
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