Brief: Kingsoft Says Kingsoft Office Proposes To Acquire Stake In Beijing Suwell Technology Co
18/08/2020 14:05
Aug 18 (Reuters) - Kingsoft Corp Ltd 3888.HK :
* KINGSOFT OFFICE SOFTWARE PROPOSES TO ACQUIRE 37.5219%
STAKE IN
BEIJING SUWELL TECHNOLOGY CO HELD BY BEIJING CSSCA TECHNOLOGIES
CO
* DEAL FOR RMB150 MILLION
* UPON COMPLETION, KINGSOFT OFFICE TO HOLD 67.5184% STAKE IN
SUWELL & SUWELL WILL BECOME ITS UNIT
Source text for Eikon: ID:nHKS99R68M
Further company coverage: 3888.HK
((Reuters.Briefs@thomsonreuters.com;))
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