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Geely to acquire 34.02% shares of Renault Korea Motors

On May 10, Geely Automobile Holdings (Geely Auto) and Renault Group reached an agreement in which Geely Automobile Holdings via its subsidiary, Centurion Industries Limited, will hold 34.02% of the total issued share capital of Renault Korea Motors (RKM). Renault Group remains the majority shareholder in RKM and will....

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