Brief: Zhongsheng Group Holdings Says Agreed To Acquire 100% Of Equity Interests In Eight Limited Liability Cos

Zhongsheng group

10/07/2020 11:24

July 10 (Reuters) - Zhongsheng Group Holdings Ltd  0881.HK :
    * UNIT ENTERED INTO EQUITY TRANSFER AGREEMENT WITH CERTAIN
PARTIES
TO SELL ALL EQUITY INTERESTS IN 8 LIMITED LIABILITY COS
    * CO AGREED TO ACQUIRE 100% OF EQUITY INTERESTS IN EIGHT
LIMITED
LIABILITY COS IN PRC
    * ACQUISITION FOR NET CASH CONSIDERATION OF RMB720 MILLION

Source text nHKS6tLrMx
Further company coverage:  0881.HK 

 ((Reuters.Briefs@thomsonreuters.com))