The rest of Huawei Marine is now changing hands. HC2 Holdings says that its Global Marine Group division will be selling its 49% stake in Huawei Marine to Hengtong Optic-Electric, the company that is also acquiring Huawei’s own stake. The deal will sell 30% of Huawei Marine to Hengtong at closing and leave a 2-year put option in place for the remaining 19%. Just how much this ownership change will shift things for Huawei Marine remains to be seen.
