November 22, 2017 / 12:23 PM / 25 days ago

BRIEF-Aurora Optoelectronics plans to buy Dutch firm Ampleon via share issue

Nov 22 (Reuters) - Aurora Optoelectronics Co Ltd

* Says it plans to buy Hefei-based project company valued at 7.2 billion yuan ($1.09 billion) in order to own Dutch RF power products maker Ampleon via share issue

* Says it aims to raise up to 2.3 billion yuan in private placement of shares to fund Ampleon’s projects

Source text in Chinese: bit.ly/2A3aDde

Further company coverage: ($1 = 6.6150 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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