09.07.2009 - China Datang may sell 20 pct stake to NSSF
From Reuters: Datang Telecom, a telecom equipment maker, is in talks to sell a 20-percent stake to China's national pension fund worth as much as 3 billion yuan ($428.6 million), China Daily reported on Thursday. Datang Telecom, the major developer of China's TD-SCDMA standard for third generation telecom services, and the National Social Security Fund (NSSF) had not yet settled on a price tag for the proposed private placement, said the newspaper, citing unnamed company sources........Full Article: Source
Print