Chinese chip manufacturer Tsinghua Unigroup, which is saddled with ~$30.8B in liabilities, is seeking a huge bailout from investors amid bankruptcy proceedings (Che Pan/South China Morning Post)
Che Pan / South China Morning Post:
Chinese chip manufacturer Tsinghua Unigroup, which is saddled with ~$30.8B in liabilities, is seeking a huge bailout from investors amid bankruptcy proceedings — Unigroup requires a strategic investor with minimum total assets worth US$7.7 billion or US$3.1 billion in minimum net assets …
from Techmeme https://ift.tt/2TDa1ZY
Chinese chip manufacturer Tsinghua Unigroup, which is saddled with ~$30.8B in liabilities, is seeking a huge bailout from investors amid bankruptcy proceedings (Che Pan/South China Morning Post)
Reviewed by swadu
on
July 25, 2021
Rating:
No comments: