Brief: Kenon Holdings announces agreement with new investor for investment in Qoros
16/06/2017 17:13
June 16 (Reuters) - Kenon Holdings Ltd KEN.N :
* Kenon Holdings says Qoros, Quantum, Wuhu Chery Automobile
Investment and New China-based investor, entered into an
investment agreement - SEC filing
* Qoros, Quantum And Wuhu Chery's investment agreement with
Yibin Municipal Government, which was announced on April 6 wont
take effect
* Yibin will not make an equity investment in Qoros
* Agreement provides for new investor investing about RMB6.5
Billion (about $942 million) in Qoros for controlling interest
in Qoros
Source text (http://bit.ly/2tawhrO)
Further company coverage: KEN.N
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