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Leoni to acquire 100% ownership of South Korean wiring system manufacturer
Leoni AG will acquire the remaining 50 percent of the South Korean wiring systems manufacturer Daekyeung T&G Co., Ltd. ahead of schedule effective 1 January 2012. Daekyeung is based in Busan, South Korea, employs in total about 3,500 people and manufactures at three facilities in China. In addition to Penglai and Wei....
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