Xiaomi To Acquire 27.44% Stake In Zimi For USD103 Million

Xiaomi Group recently published an announcement, stating that the group would acquire 27.44% shares of Zimi for USD103 million. Xiaomi Group will pay USD25.78 million in cash and it will pay the remaining USD77.06 million with allotment of 54,379,044 shares. On the completion of the transaction, Xiaomi Group will own 49.91% shares of Zimi. According […]

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