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Xiangyang Automobile Bearing to acquire bearing maker in Poland
Xiangyang Automobile Bearing Co., Ltd. announced in May that it would acquire the 89.15% share of Fabryka o ysk Tocznych-Kra nik S.A.(FLT), a roller bearing maker, from Agencja Rozwoju Przemys u S.A. (ARP) in Poland. The acquisition price is PLN 103,128,000 (appox. RMB 203.27 million). FLT will be acquired through Z....
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