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Brief: DeTai New Energy enters MOU for possible acquisition

July 5 (Reuters) - DeTai New Energy Group Ltd  0559.HK : 
 * strategic cooperation memorandum in relation to the possible acquisition of internet education business in the prc  0559.HK  
 * Pursuant to the memorandum, company intends to acquire not less than 90% of 
   issued share capital of target co 
 * Acquisition such that the company will indirectly hold not less than 51% 
   equity interest in Zhongshan Bei Dou 
 
* Source text for Eikon  ID:nHKS2qkD16  
 
* ((For more news, please click here  0559.HK )) ((Bengaluru Newsroom; +91 806749 1130))

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