Thursday, 14 June 2018

Embattled ZTE proposes $10.7 billion credit proposal, new board

HONG KONG (Reuters) - Chinese telecommunications giant ZTE Corp has proposed a $10.7 billion financing plan and nominated eight board members in a drastic management overhaul, as it seeks to rebuild a business crippled by a U.S. supplier ban.


from Reuters: Top News https://ift.tt/2l6OyDF

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