Brief: Ningbo Jifeng Auto Parts Revises Plan To Acquire Project Firm
16/06/2019 08:48
June 16 (Reuters) - Ningbo Jifeng Auto Parts 603997.SS :
* SAYS IT REVISES PLAN TO BUY PROJECT FIRM IN ORDER TO OWN
84.23
PERCENT STAKE IN GERMANY'S AUTO PART FIRM GRAMMER
* SAYS IT PLANS TO ACQUIRE THE PROJECT FIRM FOR 3.956
BILLION YUAN
($571.29 million) VIA CASH, CONVERTIBLE BOND AND SHARE ISSUES
Source text in Chinese: https://bit.ly/2KVin8n
Further company coverage: 603997.SS
($1 = 6.9247 Chinese yuan renminbi)
(Reporting by Hong Kong newsroom)
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