Brief: Tianneng Power International Says Unit To Acquire About 40 Pct Stake In Tianneng Energy
10/08/2018 15:09
Aug 10 (Reuters) - Tianneng Power International Ltd
0819.HK :
* UNIT TO ACQUIRE ABOUT 30.32 PERCENT OF EQUITY INTEREST IN
TIANNENG ENERGY AT A CASH CONSIDERATION OF RMB95.9 MILLION
* TIANNENG BATTERY TO BUY ABOUT 5.68% OF TIANNENG ENERGY AT
A CASH
CONSIDERATION OF RMB18 MILLION
* TIANNENG BATTERY TO ACQUIRE ABOUT 4% OF TIANNENG ENERGY
FOR
RMB12.6 MILLION
Source text for Eikon: ID:nHKS6Qwy5g
Further company coverage: 0819.HK
((Reuters.Briefs@thomsonreuters.com;))
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