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