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Unitas Capital to acquire controlling stake in Shenzhen ZTE NetViewDec 31, 2012 (Datamonitor Financial Deals Tracker via COMTEX) -- Unitas Capital Pte., Ltd., a Hong Kong-based private equity firm, has agreed to acquire a controlling stake in Shenzhen ZTE NetView Technology Co., Ltd. (ZNV), a provider of systems to monitor telecommunications radio base stations, from ZTE Corporation (ZTE), for CNY1300 million ($200 million). Both ZNV and ZTE are based in China. Upon completion of the transaction, Unitas will become the majority shareholder and will work in partnership with ZNV's management and ZTE Corporation. ZTE is a provider of telecommunications equipment, network solutions and mobile devices. Deal Value (US$ Million) 200 Deal Type Private Equity Sub-Category None Deal Status Announced: 2012-12-31 Deal Participants Target (Company) Shenzhen ZTE NetView Technology Co., Ltd. Vendor (Company) ZTE Corporation |
