August 21, 2017 / 11:42 PM / 4 months ago

BRIEF-China New City Commercial Development announces acquisition of stake in Zhejiang Xinnongdou

Aug 22 (Reuters) - China New City Commercial Development Ltd :

* Zhong an shenglong entered into equity transfer agreement with Hangzhou Oriental

* Zhong An Shenglong to acquire 19.85% of entire equity interests in Zhejiang Xinnongdou from Hangzhou Oriental

* Deal for consideration for RMB327 million Source text for Eikon: Further company coverage:

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