Brief: FDG Electric Vehicles TO Dispose Stake In Unit Chanje Energy To J. Streicher Holdings
20/03/2020 01:47
March 20 (Reuters) - FDG Electric Vehicles Ltd 0729.HK :
* CO AND ITS UNIT CHANJE ENERGY ENTERED INTO LOI TO DISPOSE
94.7%
IN CHANJE TO J. STREICHER HOLDINGS
* DEAL FOR US$260 MILLION, 10% EQUITY STAKE IN SPV SET UP BY
PURCHASER, AMONG OTHERS
Source text for Eikon: ID:nHKS79XBy1
Further company coverage: 0729.HK
((Reuters.Briefs@thomsonreuters.com;))
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