Shanghai Aerospace Automobile Electromechanical to acquire additional 50% stake in Shanghai Delphi

Shanghai Aerospace Automobile Electromechanical Co., Ltd. (SAAE) announced that it will acquire an additional 50% of shares in Shanghai Delphi Automotive Air Conditioning Systems Co., Ltd. from Delphi Automotive Systems Singapore Pte. Ltd. SAAE will pay USD 99 million for this deal, which is planned to be completed b....

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