BRIEF-Li Ning Says Units Entered Deal With Shanghai Chenhong Real Estate Development To Buy Property

Reuters2021-08-27

Aug 27 (Reuters) - Li Ning Co Ltd :

* SUBSIDIARIES ENTERED INTO FRAMEWORK AGREEMENT WITH SHANGHAI CHENHONG REAL ESTATE DEVELOPMENT

* CONSIDERATION OF RMB1.03 BILLION

* PROPERTY TO BE ACQUIRED BY UNITS ARE EIGHT OFFICE FLOORS

Further company coverage:

(Reuters.Briefs@thomsonreuters.com)

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