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China

Qingling Motors to acquire approximately 30.4% stake in Isuzu Engine for around CNY 660 million

On October 9, Qingling Motors Co., Ltd (Qingling Motors) announced that it had entered into an equity transfer agreement with Qingling Motors (Group) Co., Ltd (Qingling Group), under which Qingling Motors, as the transferee, conditionally agreed to acquire Qingling Group’s entire equity stake of approximately 30.4% i....

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