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BRIEF-Sun Art Retail ‍announces acquisition of interest in co
November 20, 2017 / 12:24 AM / a month ago

BRIEF-Sun Art Retail ‍announces acquisition of interest in co

Nov 20 (Reuters) - Sun Art Retail Group Ltd

* ‍announces acquisition of 26.02% interest in sun art retail group limited by Taobao China Holding Limited​

* Deal for hk$16.13 billion, representing per share value of hk$6.50

* also announces offer by China International Capital Corp Hong Kong Securities on behalf of Taobao China to acquire Sun Art Retail

* ‍application made by co for resumption of trading in shares with effect from 9:00 a.m. On 20 Nov Source text for Eikon: Further company coverage:

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