Brief: Baoxin Auto updates on acquisition of target

Grand Baoxin Auto

27/03/2017 15:32

March 27 (Reuters) - Baoxin Auto Group Limited  1293.HK : 
    * Discloseable transaction in relation to acquisition of the 
entire equity interest of the target companies  
    * Total consideration payable by purchaser under acquisition 
agreement shall be no more than RMB900 million 
    * Purchaser is Suzhou Baoxin Automotive Distribution 
Services, a unit of co 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKSqgztk 
Further company coverage:  1293.HK  
 
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