Announced
Completed
Financials
Sources
Tags
Cross Border
Single Bidder
Friendly
Hong Kong
wireless communications
Acquisition
Public
Completed
Digital Services
Majority
Synopsis
Ke Liming, a private investor, completed the acquisition of HengTen Networks, aholding company principally engaged in the manufacturing and sale of accessories, from Evergrande, an integrated residential property developer, for $570m. Evergrande Group sold stakes in its internet unit to ease funding pressure.
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