IBM Corp acquires a minority stake in Qingdao Hisense TransTech Co from Peoples Republic of China (pending)


CHINA - International Business Machines Corp {IBM} agreed to acquire a ##% stake in Qingdao Hisense TransTech Co Ltd, an intelligent vehicular system manufacturer and a majority-owned unit of Chinese state-owned Hisense Group Co Ltd (HG), from HG. Terms…

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IBM Corp Mergers & Acquisitions
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