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2001 — China New Higher Education News Story

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Brief: China New Higher Education Announces Acquisition Of New School

Dec 27 (Reuters) - China New Higher Education Group Ltd 
 2001.HK : 
    * BEIJING DAAI CONSULTING TO ACQUIRE 56% EQUITY INTEREST IN 
TARGET 
SCHOOL SPONSOR FOR RMB183 MILLION 
    * BEIJING DAAI CONSULTING ALSO AGREED TO GRANT LOAN OF 
RMB40.7 
MILLION TO TARGET TO SETTLE ITS SHAREHOLDER'S LOAN 
 
Source text for Eikon:  ID:nHKS8QXjCl  
Further company coverage:  2001.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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