Brief: Noah Holdings Limited provides update on asset management business

Noah Holdings

29/09/2017 23:00

Sept 29 (Reuters) - Noah Holdings Ltd  NOAH.N : 
    * Noah Holdings Limited provides update on asset management 
business 
    * Agreed to repurchase Sequoia Capital China's stake in its 
asset management business 
    * After repurchase is completed, Sequoia will not have any 
direct equity interests in company's asset management business 
    * Co to repurchase all of Sequoia's equity stake in Gopher 
for an aggregate amount of RMB 356 million 
 
Source text for Eikon:  ID:nPn2f4CPJa  
Further company coverage:  NOAH.N  
 
 ((Bangalore.newsroom@thomsonreuters.com;))