April 21, 2017 / 8:06 AM / in 8 months

BRIEF-Zhonglu unit completes acquisition of 16 pct stake in IoT firm as planned

April 21 (Reuters) - Zhonglu Co Ltd :

* Says co’s unit completes acquisition of 16 percent stake of shares (7.2 million shares) in a Shanghai-based IoT (Internet of Things) firm as planned, raising stake in it to 33 percent

Source text in Chinese: goo.gl/ggA5zc

Further company coverage: (Beijing Headline News)

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