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Knorr-Bremse acquires Bosch’s share in European and Japanese JVs
Knorr-Bremse announced that it would acquire each of the two Bosch joint ventures and make them wholly owned subsidiaries. Knorr-Bremse acquire the shares representing a 20% stake in each of Knorr-Bremse Systeme für Nutzfahrzeuge GmbH and Knorr-Bremse Commercial Vehicle Systems Japan Ltd. Upon payment of EUR 360 mill....
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