April 11, 2018 / 12:46 PM / 5 months ago

BRIEF-Tianjin Tianhai Investment To Acquire Dangdang.com And Related Firm for 7.5 Bln Yuan

April 11 (Reuters) - Tianjin Tianhai Investment Co Ltd :

* SAYS IT PLANS TO BUY BEIJING-BASED DANGDANG AND RELATED E-COMMERCE FIRM FOR A COMBINED 7.5 BILLION YUAN ($1.19 billion) VIA CASH, SHARE ISSUE

* SAYS IT PLANS TO RAISE UP TO 4.06 BILLION YUAN IN SHARE PRIVATE PLACEMENT TO FUND ACQUISITION, PROJECTS

* SAYS SHARE TRADE REMAINS SUSPENDED Source text in Chinese: bit.ly/2HrZDto Further company coverage: ($1 = 6.2815 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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