Brief: Shineco Inc Intends To Acquire 51% Stake In Beijing Wonner Biotech Co Ltd
05/10/2021 13:10
Oct 5 (Reuters) - Shineco Inc TYHT.O :
* SHINECO, INC. INTENDS TO ACQUIRE BIOTECHNOLOGY COMPANY TO
JOINTLY DEVELOP RAPID-ACTING ANTIDEPRESSANT NATURAL INNOVATIVE
MEDICINE
* SHINECO INC - ENTERED INTO A FRAMEWORK AGREEMENT ON
OCTOBER 4,
2021, TO ACQUIRE OVER 51% EQUITY INTEREST OF BEIJING WONNER
BIOTECH CO LTD
* SHINECO INC - FINAL PURCHASE PRICE WILL BE SEPARATELY
DETERMINED
BASED ON EVALUATION REPORT ISSUED BY A THIRD PARTY
Source text for Eikon: ID:nGNXDRv8M
Further company coverage: TYHT.O
((Reuters.Briefs@thomsonreuters.com;))
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