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BRIEF-Shandong Longji Machinery to buy 51 pct stake in SHW Longji Brake Discs (Longkou)
September 28, 2017 / 12:41 PM / in 2 months

BRIEF-Shandong Longji Machinery to buy 51 pct stake in SHW Longji Brake Discs (Longkou)

Sept 28 (Reuters) - Shandong Longji Machinery Co Ltd

* Says it signs agreement to buy 51 percent stake in shw Longji Brake Discs (Longkou) from Germany’s SHW Automotive GMBH for 109.9 million yuan ($16.51 million)

Source text in Chinese: bit.ly/2wlAFFG

Further company coverage: ($1 = 6.6556 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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