AsiaInfo-Linkage divested of ZXJ, Star VATS

Staff writer
11 Jun 2013
00:00

AsiaInfo-Linkage has sold interests in Beijing Zhongxinjia Sci-Tech Development (ZXJ) and Beijing Star VATS Technologies (Star VATS).

The company previously controlled ZXJ and Star VATS through a series of contractual arrangements.

The move is in connection with the previously announced merger agreement with Skipper and its subsidiary Skipper Acquisition.

The deal commits AsianInfo-Linkage as the surviving entity to merge with Skipper Acquisition.

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