Brief: BIMI Announces Plans To Acquire Boqi Zhengji Pharmacy Chain

BIMI Holdings

19/03/2019 15:16

March 19 (Reuters) - NF Energy Saving Corp  BIMI.O :
    * BIMI ANNOUNCES PLANS TO ACQUIRE BOQI ZHENGJI PHARMACY CHAIN CO., LTD.
    * NF ENERGY SAVING CORP - TRANSACTION IS AT AN ADVANCED NEGOTIATIONS STAGE
AND A
DEFINITIVE AGREEMENT IS EXPECTED TO BE REACHED SHORTLY
    * NF ENERGY SAVING CORP - BIMI PLANS FOR BOQI ZHENGJI PHARMACY TO OPERATE AS
A
WHOLLY-OWNED SUBSIDIARY LED BY ITS EXISTING MANAGEMENT TEAM.

Source text for Eikon:  ID:nGNX3pmNph 
Further company coverage:  BIMI.O 

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