March 26 (Reuters) - Shenzhen Kondarl Group Co Ltd * Says it halts plan to acquire Australia’s Primary Growth due to disagreement on valuations Source text in Chinese: bit.ly/2nWNQwh Further company coverage: (Reporting by Hong Kong newsroom)
Water supply firm Shenzhen Kondarl Group has announced it has halted its estimated CNY1bn ($145.57m) plan to acquire Australia's Primary Growth, as the two companies failed to agree on valuations.