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BRIEF-Beijing Media Corp updates on acquisition of 20% equity interest in BIAC
December 1, 2016 / 10:10 AM / in a year

BRIEF-Beijing Media Corp updates on acquisition of 20% equity interest in BIAC

Dec 1 (Reuters) - Beijing Media Corp :

* company and cultural investment group entered into equity transfer contract

* disclosable transaction acquisition of 20% equity interest in biac

* Deal for cash consideration of rmb33,118.94 thousand

* Upon completion of equity transfer, company will hold 20% equity interest in biac Source text (bit.ly/2gBMtMs) Further company coverage:

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