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REFILE-BRIEF-Nanjing Xinjiekou Dept Store to acquire two firms for 680 mln yuan
July 3, 2014 / 11:46 AM / 3 years ago

REFILE-BRIEF-Nanjing Xinjiekou Dept Store to acquire two firms for 680 mln yuan

(Fixes typo in headline)

July 3 (Reuters) - Nanjing Xinjiekou Department Store Co Ltd

* Says plans to acquire two domestic firms from Sanpower group for 680 million yuan ($109.47 million)

* Says plans to raise up to 226.7 million yuan in private placement of shares to help fund the acquisitions

* Says shares to resume trading on July 4

Source text in Chinese: bit.ly/1iZm5M4; bit.ly/Vhe7mr

Further company coverage: ($1 = 6.2115 Chinese Yuan Renminbi) (Reporting by Hong Kong and Singapore newsrooms)

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