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UAE equity fund to acquire 40% stake in Accton affiliate, says paper

Commercial Times, January 15; Steve Shen, DIGITIMES Asia 0

A private equity fund based in the United Arab Emirates (UAE) plans to invest US$20 million for the acquisition of a 40% stake in the US-based SMC Networks, a brand-product affiliate of Taiwan-based Accton Technology, according to a Chinese-language...

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