Brief: C.banner International announces acqusition of stake in EtonKids Educational Group

C banner International Holdings

21/07/2017 13:52

July 21 (Reuters) - C.banner International Holdings Ltd 
 1028.HK : 
    * Co & Standard Chartered Financial Holdings, Standard 
Chartered Private Equity Korea III entered into sale and 
purchase agreement 
    * Upon completion, company will hold 45.78 pct of issued 
share capital of target company 
    * Company agreed to purchase, 6.3 million sale shares for a 
cash consideration of US$79.4 million 
 
Source text for Eikon:  ID:nHKSb9NDH9  
Further company coverage:  1028.HK  
 
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