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BRIEF-Lead Eastern Investment subsidiary to fully acquire Hebei-based cultural media unit
November 9, 2017 / 4:59 AM / a month ago

BRIEF-Lead Eastern Investment subsidiary to fully acquire Hebei-based cultural media unit

Nov 9 (Reuters) - Lead Eastern Investment Co Ltd :

* Says its wholly owned screen culture subsidiary plans to buy 49 percent stake in a Hebei-based cultural media unit

* Transaction price is 293.8 million yuan

* The subsidiary will hold 100 percent stake in target company after transaction

Source text in Chinese: goo.gl/v4YwY4

Further company coverage: (Beijing Headline News)

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