Brief: Meitu Announces Acquisition Of 31 Pct Stake In Dreamscape Horizon Ltd

Meitu

19/02/2019 23:46

Feb 20 (Reuters) - Meitu Inc  1357.HK :
    * ANNOUNCES ACQUISITION OF 31% EQUITY INTEREST IN DREAMSCAPE
HORIZON LIMITED
    * DEAL FOR TOTAL CONSIDERATION OF HK$2.69 BILLION
    * DEAL WILL BE SATISFIED BY ISSUE OF CONSIDERATION SHARES BY
CO TO
LEYOU AT ISSUE PRICE OF HK$2.71 PER CONSIDERATION SHARE
    * UNIT TO ACQUIRE STAKE IN DREAMSCAPE HORIZON FROM A UNIT OF
LEYOU
TECHNOLOGIES HOLDING

Source text for Eikon:  ID:nHKS2W3l0x 
Further company coverage:  1357.HK 

 ((Reuters.Briefs@thomsonreuters.com;))