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Shanghai Baolong Automotive to acquire PEX of Germany, globalize automotive sensor business
Shanghai Baolong Automotive Corporation signed an share acquisition agreement with the PRETTL group of Germany. According to the plan, Shanghai Baolong Automotive is going to purchase 100% shares of one of the PRETTL group companies, PEX, and 51% shares of TESONA from PTETTL. By doing so, it intends to promote global....
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