Guodong Raises $150 Million from Sovereign Wealth Fund in the Middle East
A Chinese Communication firm has raised 150 million from a Sovereign Wealth Fund in one of the Middle Eastern countries.
Source: techreport.com
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Chinese base station operator Guodong raises $150m from Middle Eastern SWF
The deal makes Guodong the latest Chinese firm to tap the Middle East for new funding amid increased Sino-US geopolitical tensions.
Source: dealstreetasia.com
China communications firm Guodong raises $150 million from Middle Eastern sovereign fund
Guodong Network Communication Group, a Chinese communications infrastructure and service provider, has raised $150 million from a Middle Eastern country's sovereign wealth fund, the deal's adviser China Renaissance said on Tuesday. The deal comes at a time when Chinese entrepreneurs and investors have sho
Source: channelnewsasia.com