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BRIEF-China's BTG Hotels signs agreement to acquire 70 pct stake in Nan Yuan's Ningbo unit
June 24, 2014 / 9:16 AM / 3 years ago

BRIEF-China's BTG Hotels signs agreement to acquire 70 pct stake in Nan Yuan's Ningbo unit

June 24 (Reuters) - BTG Hotels Group Co Ltd

* Says signs agreement to acquire 70 percent stake in Nan Yuan Group’s unit in Ningbo for about 280 million yuan ($45.10 million)

Source text in Chinese: bit.ly/1rtlW32

Further company coverage: ($1 = 6.2090 Chinese Yuan Renminbi) (Reporting by Hong Kong and Singapore newsrooms)

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