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New Deal


Announced

Kingsoft Cloud to acquire a majority stake in Camelot.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Acquisition

Single Bidder

Private

Domestic

mobile enterprise applications

Friendly

IT Services: Other

China

Pending

Majority

Synopsis

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Kingsoft Cloud, an independent cloud service provider, agreed to acquire a majority stake in Camelot, a provider of enterprise application services and financial industry information technology services. Financial terms were not disclosed.

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