Dec 21 (Reuters) - Long Run Exploration Ltd LRE.TO :
* Says entered into a definitive arrangement agreement with a group of
investors based in people's republic of China
* Deal for cash consideration of $0.52 per share
* Aggregate value of transaction, including assumption of Long run's current
net debt and transaction costs, is about $770 million
* Source text for Eikon ID:nCCNg6sBQ
* Further company coverage LRE.TO