Brief: Pujiang International Proposes Privatization Of Ossen Innovation

Pujiang International

17/12/2020 23:25

Dec 18 (Reuters) - Pujiang International Group Ltd
 2060.HK :
    * PROPOSED PRIVATIZATION OF OSSEN INNOVATION
    * OSSEN INNOVATION ENTERED INTO MERGER AGREEMENT WITH UNIT
OF OF
NEW OSSEN GROUP AND NEW OSSEN GROUP
    * DEAL FOR OSSEN INNOVATION WILL BE TAKEN PRIVATE BY WAY OF
MERGER
    * MERGER CONSIDERATION TO BE PAID BY NEW OSSEN GROUP WILL BE
ABOUT
US$11.5 MILLION

Source text for Eikon:  ID:nHKS9cYFrD 
Further company coverage:  2060.HK 

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