# Sage International Group to acquire 60% of Shenzhen Deweis Electronics

Sage International Group Limited signed a memorandum of understanding on December 28, 2017, to acquire 60% of the issued share capital of Shenzhen Deweis Electronics Co., Ltd., which supplies, manufactures and exports electronic equipment in China. A refundable deposit of 20 million yuan will be paid.

- Type: Acquisition
- Announced: 2017-12-28
- Where: Shenzhen, China, China
- Value: $3.00M (20.0M CNY)
- Status: announced
- Products: electronic equipment
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Sage International Group Limited](https://endata.com/companies/29058.md) (acquirer)
- [Shenzhen Deweis Electronics Co., Ltd.](https://endata.com/companies/29059.md) (target)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/98576.html), 2017-12-28: "于2017年12月28日，该公司与庄俊伟订立谅解备忘录，该公司拟向庄俊伟收购深圳市德维斯电子有限公司60%已发行股本。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.