INDIANAPOLIS—Brightpoint Inc. said it has completed the formation of the joint venture with Hong Kong-based Chinatron Group Holdings Ltd. it announced last October.
Brightpoint gave Chinatron a 50-percent interest in Brightpoint China Ltd. in exchange for $10 million worth of preference shares of Chinatron. In addition, Chinatron can purchase an additional 30 percent of Brightpoint China for more preference shares worth $10 million.
