DivestmentMay 14, 2026, 07:31 AM
Hewlett Packard Enterprise Closes 13.8% H3C Stake Sale for $986.8M
AI Summary
Hewlett Packard Enterprise Co. announced the closing of the sale of 13.8% of the total issued share capital of H3C Technologies Co., Limited, held by its subsidiaries. This transaction, completed on May 13, 2026, generated approximately $986.8 million from various Chinese purchasing entities. The company also reiterated its expectation to close the sale of the remaining 5.2% of H3C to Unisplendour International Technology Limited for approximately $370.4 million in the first half of calendar 2026.
Key Highlights
- Hewlett Packard Enterprise closed the sale of 13.8% of H3C Technologies Co., Limited shares.
- The 13.8% stake was sold for approximately $986.8 million.
- The sale was completed on May 13, 2026, to several entities in the People's Republic of China.
- The company expects to sell the remaining 5.2% of H3C to Unisplendour International Technology Limited (UNIS).
- The remaining 5.2% stake is valued at approximately $370.4 million.
- The closing of the remaining 5.2% sale is expected in the first half of calendar 2026.