China Huaxin Acquires Alcatel-Lucent Enterprise Business

China Huaxin Post & Telecommunication Economy Development Center formally announced that the company has completed the acquisition of Alcatel-Lucent Enterprise, a subsidiary of Alcatel-Lucent. China Huaxin and Alcatel-Lucent have jointly established a controlling company, which will be responsible for the global operation of Alcatel-Lucent’s enterprise business. China Huaxin holds a 85% stake in the joint venture, while Alcatel-Lucent owns the remaining 15% stake.

http://www.chinatechnews.com/2014/10/08/21013-china-huaxin-acquires-alcatel-lucent-enterprise-business

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