Tsinghua Unigroup, a heavily indebted Chinese chip conglomerate, says a consortium led by JAC Capital and Wise Road Capital would become its strategic investor (Yang Jie/Wall Street Journal)

Yang Jie / Wall Street Journal:Tsinghua Unigroup, a heavily indebted Chinese chip conglomerate, says a consortium led by JAC Capital and Wise Road Capital would become its strategic investor  —  Two state-backed venture capital firms will help the heavily indebted company restructure its assets

Tsinghua Unigroup, a heavily indebted Chinese chip conglomerate, says a consortium led by JAC Capital and Wise Road Capital would become its strategic investor (Yang Jie/Wall Street Journal)

Yang Jie / Wall Street Journal:
Tsinghua Unigroup, a heavily indebted Chinese chip conglomerate, says a consortium led by JAC Capital and Wise Road Capital would become its strategic investor  —  Two state-backed venture capital firms will help the heavily indebted company restructure its assets