Brief: Ourpalm plans to acquire stakes in South Korea's video game developer Webzen

Webzen

08/03/2016 12:36

March 8 (Reuters) - Ourpalm Co Ltd  300315.SZ  
    * Says plans to acquire 19.24 percent stake in Webzen Inc 
 069080.KQ  from NHN Entertainment Corporation for about 1.1 
billion yuan ($169.10 million)  
 
 
    Source text in Chinese: http://bit.ly/1Yrd0f4 
    Further company coverage:  300315.SZ  
 
($1 = 6.5050 Chinese yuan renminbi) 
 
($1 = 1,205.1900 won) 
 
 (Reporting by Hong Kong newsroom) 
 ((twinnie.siu@thomsonreuters.com; 852-2841 5763; Reuters 
Messaging: twinnie.siu.thomsonreuters.com@reuters.net))