Friday, June 29, 2018

Embattled ZTE to unveil new board in step toward U.S. ban lift

SHENZHEN/HONG KONG (Reuters) - Chinese telecoms giant ZTE Corp is expected to announce a radical management overhaul following a shareholder meeting on Friday, in line with conditions laid out in a $1.4 billion settlement deal to lift a crippling U.S. supplier ban.


from Reuters: Technology News https://ift.tt/2KvaNBy

No comments:

Post a Comment

Zetwerk IPO: Size, valuation, timeline and other details we know so far

Zetwerk is preparing to confidentially file IPO papers to raise up to $550 million at a $4 billion valuation, including fresh equity and OFS...