Brief: Nf Energy Saving Corp Enters Into MoU To Acquire Chongqing Guanzan Technology

BIMI Holdings

02/12/2019 13:37

Dec 2 (Reuters) - NF Energy Saving Corp  BIMI.O :
    * NF ENERGY SAVING CORPORATION ENTERS INTO MOU TO ACQUIRE
CHONGQING GUANZAN TECHNOLOGY
    * NF ENERGY SAVING CORP - AGREEMENT IS EXPECTED TO SET FORTH
A
PURCHASE PRICE OF APPROXIMATELY RMB 100 MILLION FOR ALL OF
SHARES OF CHONGQING GUANZAN
    * NF ENERGY SAVING - CHONGQING GUANZAN TO ACQUIRE 80%
CONTROLLING
INTEREST IN ITS CURRENT AFFILIATE UNDER COMMON CONTROL, SHUDE
PHARMACEUTICAL

Source text for Eikon:  ID:nGNX3xMFxt 
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 ((Reuters.Briefs@thomsonreuters.com;))