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Provider: Reuters Investment Profile
Provider: GlobalData

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Nexans SA Concludes Acquisition of 75% Stake in Shandong Yanggu New Rihui

Monday, 3 Sep 2012 02:30am EDT 

Nexans SA announced the conclusion of the acquisition of a 75% stake in a joint venture Shandong Yanggu New Rihui which ensures a presence in the energy infrastructure market in China. The transaction represents a value of the Company (based on 100%) of approximately RMB 1,240 million corresponding to approximately EUR 156 million. 

Company Quote

-0.9 -1.71%
28 Mar 2014