CITIC Capital plans on taking AsiaInfo private: Reuters

CITIC Capital is planning on acquiring AsiaInfo Technologies Ltd, a Chinese telecom software provider in a take-private deal, reported Reuters.

CITIC Capital is planning on acquiring AsiaInfo Technologies Ltd, a Chinese telecom software provider in a take-private deal, reported Reuters. The news wire noted that the transaction could put AsiaInfo at a valuation of about $1.8 billion.

Source: Reuters