Brief: Shareholders Of Cloud Light Optoelectronics To Sell Entire Shares For $750 Mln

Yangtze Optical Fibre and Cable Joint Stock Co

01/11/2023 09:43

Nov 1 (Reuters) - Yangtze Optical Fibre and Cable Joint
Stock Ltd Co  601869.SS :
    * SAYS SHAREHOLDERS OF CLOUD LIGHT OPTOELECTRONICS PLAN TO
SELL
ENTIRE STAKES IN CLOUD LIGHT FOR $750 MILLION TO LUMENTUM
HOLDINGS INC
    * SAYS ITS HONG KONG UNIT OWNS 11.2% STAKE OF CLOUD LIGHT
OPTOELECTRONICS
    * SAYS IT EXPECTS TO GENERATE ABOUT 440 MILLION YUAN OF
INVESTMENT
GAIN AFTER COMPLETION OF THE DEAL

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Further company coverage:  601869.SS 

 (Reporting by Hong Kong newsroom)
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