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China: MAN to acquire 25% in Sinotruk

Wednesday, July 15, 2009,

Tags: Joint Ventures, MAN Truck & Bus, OEM Strategy.

AutomotiveWorld.com

German OEM MAN plans to acquire a stake in Chinese heavy truck leader Sinotruk. The two companies have signed an agreement, under which MAN will invest €560m (US$790m) to take a 25% stake plus one s...

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Published on Wednesday, July 15, 2009

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