Geely-backed Hubei Xingji Shidai Technology to acquire a 79.09% stake in Zhuhai Meizu Technology.

Synopsis

Geely-backed Hubei Xingji Shidai Technology agreed to acquire a 79.09% stake in Zhuhai Meizu Technology, a smartphone maker. Financial terms were not disclosed.

Principals

target

Zhuhai Meizu Technology

bidder

Hubei Xingji Shidai Technology

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Market Context

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Seller Team (1)

zhipan huang

CEO at ZHUHAI MEIZU TECHNOLOGY

Manager

target

Deal

n/a

Total Value

Bidder Team (2)

shufu li

Partner at HUBEI XINGJI SHIDAI TECHNOLOGY

Manager

bidder

Deal

n/a

Total Value

yue gui sheng

CEO at GEELY AUTOMOBILE

Manager

bidder

Deals

n/a

Total Value

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