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Thursday Bytes: Huawei Marine, Digital Realty, Google

November 7, 2019


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.

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