BRIEF-Xinjiekou Department Store acquires 89 pct stakes in UK's Highland Group

June 13 Fri Jun 13, 2014 9:21am EDT

June 13 (Reuters) - Nanjing Xinjiekou Department Store Co Ltd

* Says acquires about 89 percent of UK's Highland Group Holdings Ltd for 155.3 million pounds ($260.76 million) in cash

Source text in Chinese: link.reuters.com/kab22w

Further company coverage: ($1 = 0.5956 British Pounds)

(Reporting by Hong Kong and Singapore newsrooms)

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