China's HNA sells Pactera to state-owned CEC for $750m

China's HNA sells Pactera to state-owned CEC for $750m

Signage for HNA Group Co. is displayed atop the company's building in Beijing, China, on Thursday, Feb. 1, 2018. Photographer: Giulia Marchi/Bloomberg

Embattled Chinese conglomerate HNA Group Co. has agreed to sell control of its tech outsourcing unit to China Electronics Corp. in a deal valued at about $750 million, people with knowledge of the matter said.

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