Brief: Zall Development Group says indirect unit enters subscription agreement

Zall Smart Commerce

17/03/2016 13:10

March 17 (Reuters) - Zall Development Group Ltd  2098.HK : 
 
 * Major transaction in relation to acquisition of interest in, and warrant  issued by, lightinthebox holding co., ltd.  2098.HK  
 * Deal for US$76.5 million 
 * Says consideration will be funded by the group by its internal resources 
 * Investor, an indirect wholly-owned subsidiary of the company and target co  entered into subscription agreement 
 
 * Source text for Eikon  ID:nHKS8jLJXD  
 
 * ((For more news, please click here  2098.HK ))  
   ((Bengaluru Newsroom; +91 80 6749 1130))