Brief: Alibaba Pictures And Alibaba Investment Entered Share Purchase Agreement

Damai Entertainment Holdings

19/09/2023 16:03

Sept 19 (Reuters) - Alibaba Pictures Group Ltd
 1060.HK :
    * CO AND ALIBABA INVESTMENT ENTERED INTO SHARE PURCHASE
AGREEMENT
    * COMPANY HAD CONDITIONALLY AGREED TO ACQUIRE ENTIRE ISSUED
SHARE
CAPITAL OF PONY MEDIA HOLDINGS
    * AGGREGATE CONSIDERATION SHALL BE US$167 MILLION

Source text for Eikon:  ID:nHKS1XFLrz 
Further company coverage:  1060.HK 

 ((Reuters.Briefs@thomsonreuters.com;))