Weichai Power to acquire new KION shares for EUR 276 million  [ China ]

Weichai Power Co., Ltd. announced that Weichai Power (Luxembourg) Holding S.a.r.l., its wholly owned subsidiary, will acquire 5,934,000 new KION shares for EUR 276 million. The Weichai Power Group will thereby increase its stake in KION to 40.23% from the current 38.25%. (From an announcement by the company on July 20, 2016)
<Jul 20, 2016>