Tsinghua Unigroup Acquires a 51% Stake in HP Unit
China's Tsinghua Unigroup Acquires 51% Stake in HP Unit
| Aishwarya Bhatt | | May 20, 2015 12:04 PM EDT |
Beijing - Hewlett-Packard Co (HP) has agreed to dispose a controlling 51% stake in its network business based in China. China's Tsinghua Unigroup's parent company spokesperson confirmed the deal on Tuesday. The sale is estimated to be worth over 1billion pounds ($2 billion).
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