HUAYU Automotive to acquire 50% stake in Shanghai Koito Automotive Lamp at CNY 1.72 billion
HUAYU Automotive Systems Company Limited announced on September 29, 2017, a plan to purchase a total of 50% shares in Shanghai Koito Automotive Lamp Co., Ltd. from Koito Manufacturing Co., Ltd. and Toyota Tsusho Corporation at the cost of Chinese yuan (CNY) 17.2 billion. Shanghai Koito Automotive Lamp, which used to ....
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