Brief: Newborn Town To Acquire BlueCity In Move To Expand

Newborn Town

27/03/2023 14:11

March 27 (Reuters) - Newborn Town Inc  9911.HK :
    * NEWBORN TOWN TO ACQUIRE BLUECITY IN MOVE TO EXPAND INTO
GLOBAL
ONLINE SOCIAL NETWORKING MARKET
    * NEWBORN TOWN - AGREED TO ACQUIRE ENTIRE ISSUED SHARE
CAPITAL OF
CHIZICHENG STRATEGY INVESTMENT, A WHOLLY-OWNED SUBSIDIARY OF
SPRIVER
    * NEWBORN TOWN INC - UPON COMPLETION OF ACQUISITION, CO WILL
BECOME CONTROLLING SHAREHOLDER OF BLUECITY

Source text for Eikon:  ID:nPn59vf1da 
Further company coverage:  9911.HK 

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