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Clevo to sell real estate in China to help improve operations

Aaron Lee, Taipei; Joseph Tsai, DIGITIMES Asia 0

Clevo's subsidiary in China, Buynow, is expected to sell its over 250,000 square meters of real estate in China in 2016 for a total price of CNY2.2 billion (US$338.42 million). Income will be used to help optimize its balance sheet structure and improve...

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