BRIEF-Guangxi Hechi Chemical Agrees To Buy Stake In Pharma Firm Via Cash, Share Issue

Nov 26 (Reuters) - Guangxi Hechi Chemical Co Ltd :

* SAYS IT AGREES TO BUY 93.4% STAKE IN PHARMA FIRM FOR 266.2 MILLION YUAN ($37.82 million) VIA CASH, SHARE ISSUE

* SAYS IT AIMS TO RAISE UP TO 120 MILLION YUAN IN PRIVATE PLACEMENT OF SHARES TO FUND THE ACQUISITION Source text in Chinese: http://bit.ly/2OmgLWz Further company coverage: ($1 = 7.0389 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)