Brief: NIP Group Signs Definitive Agreement To Acquire Young Will
Oct 15 (Reuters) - NIP Group Inc NIPG.O :
* NIP GROUP SIGNS DEFINITIVE AGREEMENT TO ACQUIRE YOUNG WILL
* NIP GROUP INC: NIP GROUP WILL ISSUE NEW SHARES, AT A
CONSIDERATION OF RMB23.2 MILLION IN EXCHANGE FOR 61% OF EQUITY
STAKE IN ZSZQ LTD
* NIP GROUP INC - TO ACQUIRE ADDITIONAL 13% STAKE IN ZSZQ
LIMITED
EACH YEAR UNTIL 2027
Source text for Eikon: ID:nGNX1CFTk4
Further company coverage: NIPG.O
((Reuters.Briefs@thomsonreuters.com;))