Weichai Power to own 38.25 percent of Kion shares  [ China ]

Weichai Power Co., Ltd. announced that Weichai Power (Luxembourg) Holding S.a.r.l., its wholly owned subsidiary, will acquire 4.95 percent of KION Holding 1 GmbH shares from Superlift Holding S.a r.l. for EUR 186.9 million. When the transaction is completed, Weichai Power will indirectly own 38.25 percent of KION shares. (From an announcement by the company on March 30, 2015)
<Mar 30, 2015>