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Unisplendour

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+ Unisplendour

2023: Sole Ownership of H3C

On May 26, 2023, the U.S. Securities and Exchange Commission (SEC) announced that Hewlett Packard Enterprise (HPE) had entered into an agreement to sell its stake in the Chinese joint venture of the Server and Storage Systems (H3C) DSS. The transaction amount will be $3.5 billion. Read more here.

2015: Buying a stake in Western Digital

At the end of September 2015, it became known about the sale of a large stake in Western Digital to Chinese investors. However, it is not certain that American regulators will approve this deal because of concerns for national security.

Unisplendour, owned by the Chinese state corporation Tsinghua Holdings, announced the purchase of a 15 percent stake in Western Digital for $3.78 billion. Under the terms of the agreement, the hard drive manufacturer will issue new shares and sell them at a price of $92.5 apiece, which is a third more than their exchange value as of September 29, 2015.