BRIEF-Guangbo Group scraps asset restructuring, acquires stake in payment services firm
June 20 (Reuters) - Guangbo Group Stock Co Ltd
* Says it terminates asset restructuring, and to withdraw asset restructuring application from regulator
* Says it signs agreement to acquire 26 percent stake in Geoswift Asset Management Ltd for $85.8 million
Further company coverage: (Reporting by Hong Kong newsroom)
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