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HP to sell stake in networking business

Monday, October 27, 2014 - 05:50

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HP plans to sell 51% of its stake in H3C Tech.

San Francisco

HEWLETT-PACKARD Co is seeking to sell part of its H3C Technologies Co networking subsidiary, a person with knowledge of the matter said.

The company plans to sell about 51 per cent of its stake in the Hangzhou-based business to an Asian buyer, said the person, who

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