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Johnson Electric to acquire 50% of stock in Halla Stackpole for USD 83.8 million

On March 21, 2017, Johnson Electric Group signed a contract with Halla Holdings Corporation regarding share acquisition. The company will acquire 50% of the shares in Halla Stackpole for USD 83.8 million to raise its stake in the Korean automotive parts supplier to 80% from 30%. Halla Stackpole and its subsidiaries m....

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