Unisplendour International to acquire remaining 9% H3C stake
Unisplendour International, along with investors Ningbo Yongning Yinshu Venture Capital Partnership and Hefei Huaxin Mingzhu Equity Investment Partnership, will acquire a combined 9% stake in H3C from HPE Cayman. This transaction, alongside a separate 10% equity acquisition from HPE Cayman by other investors, means HPE Cayman will no longer hold H3C equity. Unisplendour International's stake in H3C will increase from 81% to 87.98% following both transactions.
Unisplendour International will acquire 503,230 H3C shares, representing approximately 5.19% of H3C's equity, for $370,372,247.70. Ningbo Yongning and Hefei Huaxin will acquire 190,220 and 180,000 shares, respectively, for $140,000,017.80 and $132,478,200.00. The acquisition price per share for all parties is $735.99. The transaction requires approval from Unisplendour Corp's shareholders and relevant government bodies, including the Ministry of Commerce and the National Development and Reform Commission.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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