Naruida to buy 51% of Xintai for $24M in cash
What's the deal? Naruida RadarDealroom has a profile for this one. Try Dealroom → has agreed to acquire a 51% stake in Xintai CommunicationsDealroom has a profile for this one. Try Dealroom → for US$22.3M in cash, per a filing dated September 30, 2026. The two companies and the selling shareholders signed the share transfer agreement the same day.
What's the structure? Naruida is funding the purchase with its own capital. Once complete, the deal gives it a controlling stake, and Xintai will become a subsidiary consolidated into Naruida's financial statements.
Why now? The transaction has already cleared Naruida's board, which approved it at the third meeting of its third board session. It does not require shareholder approval, clearing a path to completion.
The signal: Cash-funded majority buyouts remain a fast route for radar and communications firms to fold specialist targets directly onto their balance sheets — and control follows the money.
Read more: sohu.com
Image credit: Generated with Gemini
