Guodu Venture to acquire a 25% stake in New Sea Union for $129m.

Guodu Venture Capital, an investment vehicle is set to acquire a 25% stake in New Sea Union Technology Group, a manufacturer of diversified electronics equipments, for $129m. NSU’s largest existing shareholder will sell a total of 343m common shares to Guodu Venture. The aggregate value of the holding will come to $129m at $0.37 apiece.