Alibaba, others weigh bids for Unisplendour stake worth up to $7.7 billion: Report

Chip conglomerate Tsinghua Unigroup, which is saddled with some $31 billion in debt, is looking to divest its 46.45 percent stake in Shenzhen-listed Unisplendour as more of its bond payments are coming due, they said.

from Moneycontrol Business News https://ift.tt/3e7F2w7