February 12, 2018 / 9:53 AM / 8 months ago

BRIEF-Tahoe Group Plans To Acquire Children's Products Firm, Issue Asset-Backed Securities

Feb 12 (Reuters) - Tahoe Group Co Ltd:

* SAYS UNIT SIGNS AGREEMENT TO BUY KID PRODUCTS FIRM FOR 902.45 MILLION YUAN ($142.64 million)

* SAYS IT PLANS TO ISSUE ASSET-BACKED SECURITIES WORTH UP TO 2.17 BILLION YUAN Source text in Chinese: bit.ly/2EjcP1k; bit.ly/2BnohdQ Further company coverage: ($1 = 6.3267 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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