Tianshan Wool Tex to acquire Jialin Pharma for 8.4 bln yuan
Monday, December 14, 2015
Xinjiang Tianshan Wool Tex Stock Co Ltd says to acquire Beijing Jialin Pharmaceutical Co Ltd for 8.4 billion yuan ($1.30 billion) via assets swap, share issue.
Says to raise up to 1.5 billion yuan in private placement of shares to fund acquisition, projects.
reuters.com
