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Strategies & Market Trends : Value Investing

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To: Elroy who wrote (75594)5/14/2024 12:27:21 PM
From: Debt Free  Read Replies (1) of 78519
 
Nothing recent, here is what the HPE CEO said in January

Hewlett Packard Enterprise CEO expects no China challenge on $14 billion Juniper Networks deal
reuters.com

Neri said that the deal faces little regulatory risk in China, whose antitrust officials who last year sank Intel's (INTC.O) , opens new tab to acquire Israeli chip manufacturer Tower Semiconductor (TSEM.TA)
, opens new tab. HPE last year moved to sell its stake in China-based joint venture H3C, which Neri expects to generate $3 billion in proceeds and leave HPE with little business in China.
Juniper does not disclose how much revenue it generates from China, but Neri told Reuters the activity is small enough that he expects no major challenges from Chinese regulators.
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