May 22, 2015

HP sells $2.3 billion China unit stake to forge partnership with Tsinghua Unigroup

HONG KONG (Reuters) – Hewlett-Packard Co will sell a controlling 51 percent stake in its China-based data-networking business to China’s Tsinghua Unigroup for at least $2.3 billion, forming a partnership designed to create a Chinese technology powerhouse.


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HP sells $2.3 billion China unit stake to forge partnership with Tsinghua Unigroup

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