Brief: Uxin Announces Transaction With Golden Pacer

Uxin

12/07/2019 11:08

July 12 (Reuters) - Uxin Ltd  UXIN.O :
    * UXIN ANNOUNCES TRANSACTION WITH GOLDEN PACER
    * UXIN LTD - DEAL FOR $100 MILLION CASH AND SOME NUMBER OF GOLDEN PACER
SHARES 
    * UXIN LTD - UXIN WILL PROVIDE INSPECTION AND VALUATION SERVICES TO GOLDEN
PACER'S
USED CAR FINANCING TRANSACTIONS
    * UXIN LTD - PARTIES EXPECT TO ENTER INTO DEFINITIVE TRANSACTION AGREEMENTS
AND
CLOSE TRANSACTION AS SOON AS PRACTICABLE IN SECOND HALF OF 2019.
    * UXIN LTD - WILL DIVEST ITS LOAN FACILITATION RELATED BUSINESS TO GOLDEN
PACER
    * UXIN LTD - CO, GOLDEN PACER WILL ALSO ENTER SERIES OF BUSINESS COOPERATION
ARRANGEMENTS

Source text for Eikon:  ID:nGNX4Yyf3c 
Further company coverage:  UXIN.O 

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