February 9, 2018 / 12:22 PM / in 4 months

BRIEF-Lida Optical & Electronic To Acquire Henan Company For About 503.1 Mln Yuan

Feb 9 (Reuters) - Lida Optical & Electronic Co Ltd :

* SAYS IT PLANS TO ACQUIRE HENAN COMPANY AN INITIAL TRANSACTION PRICE OF 503.1 MILLION YUAN ($79.90 million)

* SAYS IT PLANS TO RAISE UP TO 350.6 MILLION YUAN IN SHARE PRIVATE PLACEMENT Source text in Chinese: bit.ly/2G2kf9U Further company coverage: ($1 = 6.2966 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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