June 19, 2017 / 9:59 AM / a month ago

BRIEF-Zhejiang Xianju Pharmaceutical to acquire two Italian firms, share trade to resume

1 Min Read

June 19 (Reuters) - Zhejiang Xianju Pharmaceutical Co Ltd

* Says it plans to acquire Italy's Newchem S.P.A. and Effechem S.R.L. for 110 million euros ($123.07 million)

* Says share trade to resume on June 20

Source text in Chinese: bit.ly/2ruPLq4; bit.ly/2sO5zrN

Further company coverage: ($1 = 0.8938 euros) (Reporting by Hong Kong newsroom)

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