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Zhongshan Broad-ocean Motor to sell 50% shares in sub-subsidiary, Beijing Prestolite E-Propulsion Systems, at CNY 326 million
Zhongshan Broad-ocean Motor Co., Ltd. announced on May 9, 2019, that its wholly-owned subsidiary, Beijing Prestolite Electric Co., Ltd. and Dana Electric Holdings BVBA (DEH) signed a share transfer agreement.
Under the contract, Beijing Prestolite Electric will sell a 50% stake in Beijing Prestolite E-Propulsion Sy....
Under the contract, Beijing Prestolite Electric will sell a 50% stake in Beijing Prestolite E-Propulsion Sy....
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