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BRIEF-Shanghai LongYun Advertising & Media to buy stake in two firms
November 8, 2017 / 7:23 AM / 12 days ago

BRIEF-Shanghai LongYun Advertising & Media to buy stake in two firms

Nov 8 (Reuters) - Shanghai LongYun Advertising & Media Co Ltd :

* Says it plans to buy 60 percent stake in a property firm and 47 percent stake in an entertainment firm, and will take over their debts according to the proportion of shares

* Details remain to be determined

Source text in Chinese: goo.gl/gBtCiy

Further company coverage: (Beijing Headline News)

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