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Ningbo Huaxiang Electronic to acquire 49 percent in Faurecia Chengdu
On May 29, 2013, board members of Ningbo Huaxiang Electronic Co., Ltd. agreed on a plan to acquire a 49 percent share in Faurecia (Chengdu) Emission Control Technologies Co., Ltd., Faurecia’s wholly owned subsidiary in China. The plan is based on a collaboration formed between the company and Faurecia China in 2011. ....
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