Rostekh to sell stake in Yota Devices to Chinese investor - report

Friday 22 December 2017 | 10:07 CET | News
Russian corporation Rostekh plans to sell its 25.1 percent stake in the company Yota Devices, the developer of the Yotaphone smartphone, reports Tdaily.ru. The value of the deal is expected to be RUB 3 billion. The stake will be sold to a Chinese investor, and analysts expect it to be China Boli, which owns 30 percent of the shares in Yota Devices

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Categories: Mobile & Wireless
Companies: Telconet / Yota
Countries: Russian Federation
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