February 14, 2018 / 9:13 AM / 3 days ago

BRIEF-Harbin Pharma Scraps Plan For Unit To Bid For GNC's China Business

Feb 14 (Reuters) - Harbin Pharmaceutical Group Co Ltd :

* SAYS CONTROLLING SHAREHOLDER SIGNS AGREEMENT TO BUY GNC HOLDINGS’ CONVERTIBLE PREFERENCE SHARES WORTH $299.95 MILLION

* SAYS IT SCRAPS PLAN FOR UNIT HPGC RENMINTONGTAI PHARMA TO BID GNC'S CHINA BUSINESS Source text in Chinese: bit.ly/2o5BLT2; bit.ly/2swx9uE Further company coverage: (Reporting by Hong Kong newsroom)

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