BRIEF-Aeolus Tyre plans asset acquisition, share private placement

April 12 (Reuters) - Aeolus Tyre Co Ltd

* Says it plans to buy 90 percent stake in Prometeon Tyre

Group S.r.l., domestic tyre firm and industrial tyres related

assets for a combined 5.8 billion yuan ($841.58 million) via

share issue

* Says it aims to raise up to 2.0 billion yuan in private

placement of shares to fund projects

Source text in Chinese: http://bit.ly/2p5eumX

Further company coverage:

($1 = 6.8918 Chinese yuan renminbi)

(Reporting by Hong Kong newsroom)