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Finance / China

Joyson To Purchase 74.9% Stake In Preh

April 2011 | Corporate Financing Analysis

News: China's Joyson Investment Holding has reached an agreement to purchase a 74.9% stake in German parts maker Preh. The existing management of Preh in Germany will manage and expand its operations globally. The technological strength of Preh and Joyson's capital will enable the company to strengthen its position in the Asian, European and North American markets.

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