Brief: Yifan Pharmaceutical To Invest 716.3 Mln Yuan For 31.65% Stake In Bioton S.A.

Bioton SA

02/09/2019 13:28

Sept 2 (Reuters) - Yifan Pharmaceutical  002019.SZ :
    * SAYS IT PLANS TO BUY DONGREN SINGAPORE, PERFECT TREND
VENTURES
FOR A COMBINED 716.3 MILLION YUAN  ($100.99 million) IN ORDER TO
OWN STAKE IN BIOTON S.A.  BIOP.WA 
    * SAYS IT WILL BECOME BIOTON'S BIGGEST SHAREHOLDER WITH
31.65%
HOLDINGS AFTER THE TRANSACTIONS

Source text in Chinese: http://bit.ly/2kodlXa
Further company coverage:  002019.SZ  BIOP.WA 

($1 = 7.0928 Chinese yuan renminbi)

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