Jiajiayue to acquire 51% shares of Weekly Group
FROM:CCFA    2017-12-25
Jijiayue announced the Company entered into an agreement with Qingdao Weekly Group Co., Ltd., aiming to spend its own capital RMB 344 mln to acquire 51% of shares of Weekly Group and two to-be-invested properties. Both parties unite to enhance their strengths in brand awareness, logistics and buying resources, accelerate their expansion in Qingdao and therefore achieve mutual benefits.
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