BRIEF-Tibet Tourism to acquire Legend's online payment firm Lakala for 11 bln yuan - Reuters

BRIEF-Tibet Tourism to acquire Legend's online payment firm Lakala for 11 bln yuan Reuters Feb 5 Tibet Tourism Co Ltd. * Says to acquire online payment service provider Lakala group for 11 billion yuan ($1.67 billion) via cash, share issue. * Says to raise up to 5.5 billion yuan in private placement of shares to fund acquisition, repay bank ...

http://ift.tt/1Qhpa43