Brief: Yestar International Holdings announces entry into share transfer agreement

Yestar Healthcare Holdings

27/10/2016 11:06

Oct 27 (Reuters) - Yestar International Holdings Company Ltd 
 2393.HK  
    * The purchaser, vendor, warrantor and target company 
entered into share transfer agreement 
    * Deal for consideration of rmb428.4 million 
    * Consideration is to be satisfied by cash by way of 
internal cash resources and/or available banking facilities 
    * Purchaser conditionally agreed to acquire, sale capitals 
(representing 70% of entire equity interest) in target company 
    * Will finance acquisition by its internal cash resources 
and/or available banking facilities 
    * Target co and Shenzhen Baotian entered into dealership 
agreement to govern on-going transactions between target co and 
shenzhen baotian 
 
Source text for Eikon:  ID:nHKS2Hw7LG  
Further company coverage:  2393.HK  
 
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