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BRIEF-Hytera Communications in talks to buy Sepura, sets up overseas units
November 30, 2016 / 10:15 AM / a year ago

BRIEF-Hytera Communications in talks to buy Sepura, sets up overseas units

Nov 30 (Reuters) - Hytera Communications Corp Ltd

* Says it plans to set up two overseas units

* Says it plans to bid for a commercial site for at least 1.8 billion yuan ($261.55 million) in Shenzhen

* Says it is in positive discussions to acquire entire stake in Sepura PLC

* Says shares to resume trading on December 1

Source text in Chinese: bit.ly/2gHThbZ; bit.ly/2fPOvu1; bit.ly/2gEWNGo

Further company coverage: ($1 = 6.8821 Chinese yuan renminbi) (Reporting by Beijing newsroom)

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