Brief: Newborn Town's Unit To Acquire About 23.27% Stake Of Beijing Mico World Technology

Newborn Town

17/08/2020 15:56

Aug 17 (Reuters) - Newborn Town Inc  9911.HK :
    * UNIT TO ACQUIRE ABOUT 23.27% EQUITY INTEREST OF BEIJING
MICO
WORLD TECHNOLOGY CO
    * DEAL FOR RMB263 MILLION
    * UPON COMPLETION OF ACQUISITION, UNIT WILL HOLD ABOUT
48.89%
STAKE OF MICO

Source text for Eikon:  urn:newsml:reuters.com:*:nHKS1sDJkK
Further company coverage:  9911.HK 

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