Reuters logo
BRIEF-Lancy's unit raises stakes in South Korea's L&P Cosmetics
November 29, 2016 / 12:20 PM / a year ago

BRIEF-Lancy's unit raises stakes in South Korea's L&P Cosmetics

Nov 29 (Reuters) - Lancy Co Ltd

* Says its Hong Kong unit plans to acquire 2.5 percent stake in South Korea’s L&P Cosmetics for about 173.9 million yuan ($25.23 million)

* Says Hong Kong unit owns 12.31 percent stake in L&P Cosmetics after transaction

Source text in Chinese: bit.ly/2g0ZIpp

Further company coverage: ($1 = 6.8939 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below