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Zhongshan Broad-ocean Motor to acquire 9.9% stake in Canada-based Ballard Power
Zhongshan Broad-ocean Motor Co., Ltd. announced that Zhongshan Broad-ocean Motor (Hong Kong) signed a contract on July 26, 2016 to acquire a 9.9% stake in Canada-based Ballard Power Systems Inc. The Hong Kong subsidiary agreed to purchase new shares that will be issued by Ballard Power for USD 28.3 million. Ballard P....
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