Digital China Investment to acquire 24% stake in Vtron Group for $211m.

Digital China Investment, an affiliate of Chinese government policy-making think tank State Information Centre agreed to acquire 24% stake for $211m in Shenzhen-listed Vtron Group, which specialises in kindergarten operation and the R&D of digital video wall products. Digital China Investment will purchase the shares through a joint venture for a share price of about $0.96 apiece.The transaction will see the Beijing-based state-owned company become the controlling shareholder of Vtron Group.