Brief: Meitu Says Meitu Networks To Buy 9.57% Stake In Meidd Technology
09/04/2021 13:38
April 9 (Reuters) - Meitu Inc 1357.HK :
* MEITU NETWORKS, KINGKEY CAPITAL AND MEIDD TECHNOLOGY
ENTERED
INTO ACQUISITION AGREEMENT
* MEITU NETWORKS HAS TO PURCHASE 9.57% STAKE IN MEIDD
TECHNOLOGY
KINGKEY CAPITAL
* DEAL AT CASH CONSIDERATION OF RMB19.1 MILLION
* AS AT APRIL 9, MEITU NETWORKS IS INTERESTED IN
APPROXIMATELY
33.11% OF STAKE IN MEIDD TECHNOLOGY
Source text for Eikon: ID:nHKS2zPzLt
Further company coverage: 1357.HK
((Reuters.Briefs@thomsonreuters.com;))
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