Tsinghua Unisplendour finalises $3.5b plan to buy Hewlett Packard stake in JV

Tsinghua Unisplendour finalises $3.5b plan to buy Hewlett Packard stake in JV

Tsinghua Unigroup logo is seen at its office in Beijing, China, November 15, 2015. REUTERS/Kim Kyung-Hoon

U.S. tech giant Hewlett Packard Enterprise (HPE) is one step closer to pulling out from its China-based information technology equipment joint venture New H3C Technologies Co. Ltd. after Chinese partner Tsinghua Unisplendour Co. Ltd. announced a plan to acquire its remaining 49% stake in the unit.