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Weifu High-Technology Group to acquire stake in UK Protean Holdings and establish joint company
Weifu High-Technology Group Co., Ltd. announced on March 28, 2018, a plan to invest USD 30 million in UK-based in-wheel motor manufacturer, Protean Holdings Corp. The company is going to acquire 12.34% shares in the company and establish a joint company in Weifu with a subsidiary of Protean Holdings, Protean Electric....
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