Brief: Xunlei Limited Announces Entry Into Definitive Agreements For Disposition Of Majority Equity Interest In Shenzhen Onething
March 3 (Reuters) - Kingsoft Cloud Holdings Ltd 3896.HK: XUNLEI LIMITED ANNOUNCES ENTRY INTO DEFINITIVE AGREEMENTS FOR DISPOSITION OF MAJORITY EQUITY INTEREST IN SHENZHEN ONETHING XUNLEI LTD: ENTERED INTO DEFINITIVE AGREEMENTS FOR AN AGGREGATE CASH CONSIDERATION OF RMB125 MILLION XUNLEI LTD: UPON COMPLETION OF TRANSACTION, SHENZHEN XUNLEI WILL RETAIN A 20% EQUITY INTEREST IN SHENZHEN ONETHING XUNLEI LTD: ENTERED INTO DEFINITIVE AGREEMENTS TO TRANSFER AN AGGREGATE 50% EQUITY INTEREST IN SHENZHEN ONETHING TECHNOLOGY Source text: ID:nGNX9XhJXK Further company coverage: 3896.HK ((Reuters.Briefs@thomsonreuters.com;))
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