Brief: Chengdu Expressway Co Announces Acquisition Of 51% In Chengming Company
28/10/2019 14:48
Oct 28 (Reuters) - Chengdu Expressway Co Ltd 1785.HK :
* ANNOUNCES ACQUISITION OF 51% EQUITY INTERESTS IN CHENGMING
COMPANY
* CO AGREES TO ACQUIRE 51% EQUITY INTERESTS IN CHENGMING CO
FOR
RMB485.1 MILLION
* COMPANY ALSO AGREES TO ASSUME 51% OF DEBT DUE TO CHENGDU
EXPRESSWAY CONSTRUCTION BY CHENGMING COMPANY, BEING RMB393.8
MILLION
Source text for Eikon: ID:nHKSbxmH8y
Further company coverage: 1785.HK
((Reuters.Briefs@thomsonreuters.com;))
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