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BRIEF-Hangzhou-based investment firm offers takeover bid for shares of Zhenxing Biopharmaceutical & Chemical
November 2, 2017 / 8:29 AM / in a month

BRIEF-Hangzhou-based investment firm offers takeover bid for shares of Zhenxing Biopharmaceutical & Chemical

Nov 2 (Reuters) - Zhenxing Biopharmaceutical & Chemical Co Ltd

* Says Hangzhou-based investment firm offered a takeover bid for 74.9 million shares(27.5 percent stake), or no less than 61.3 million shares(22.5 percent stake) of the co

* Offered purchase price at 36 yuan per share

* Offering period from Nov. 3 to Dec. 5

Source text in Chinese:goo.gl/9AMCRi

Further company coverage: (Beijing Headline News)

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