NYSE:HPETech
Hewlett Packard Enterprise (HPE): Valuation in Focus Following H3C Stake Sale and Strategy Shift
Hewlett Packard Enterprise (HPE) has announced plans to sell a 10% stake in its Chinese joint venture, H3C Technologies, for $714 million. This divestment is part of HPE’s ongoing strategy to sharpen its focus on core business areas and to adjust to shifting international dynamics.
See our latest analysis for Hewlett Packard Enterprise.
HPE’s recent sale of its H3C stake comes during a year of mixed momentum for shareholders. While the company has made headlines with its expansion into...