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Fawer to acquire additional 30% of Fawer Y-Tec Chassis Parts (Changchun) shares
Fawer Automotive Parts Limited Company announced that the company and Sumitomo Corporation have signed an agreement, under which Fawer will acquire the entire 20% of Fawer Y-Tec Chassis Parts (Changchun) Co., Ltd. shares owned by Sumitomo for CNY 36 million. In addition, Fawer will spend CNY 18 million to acquire 10%....
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