SHANGHAI (Reuters) - Chinese stadium builder Lander Sports <000558.SZ> said late on Sunday it was terminating plans to buy a stake in English soccer club Southampton, citing uncertain factors wrought by changes in China's securities market and policies.
In a statement issued to the stock market, Lander Sports said the process to buy an 80 percent stake in the Southampton's holding firm, St. Mary's Football Group, also involved having to gain approval from government bodies including China's foreign exchange regulator and top economic planner.
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