Beijing Utour travel service to buy travel agency HuaYuan
Utour is to fully acquire HuaYuan for RMB 2.6 billion.
Feb 29 Beijing Utour International Travel Service Co Ltd
* Says plans to acquire travel agency HuaYuan for 2.6 billion yuan ($396.83 million) via cash, share issue
* Says aims to raise up to 2.6 billion yuan in private placement of shares to fund acquisition, projects and replenish capital
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