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South Korea’s Guyoung Tech acquires majority stake in Car Tech

South Korea’s Guyoung Tech Co., Ltd. announced that it acquired an 81.61% stake in a US company, Car Tech, LLC, for Korean won (KRW) 10 billion (JPY 1.1 billion) and made it a subsidiary of the company. Guyoung Tech has its headquarters and a plant in Daegu Metropolitan City, as well as a production base in Yeongcheo....

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