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APAR Industries, through its subsidiary Petroleum Specialities Pte Ltd, will acquire a 70% equity stake in a Chinese cable manufacturer for RMB 24.85 million.
“APAR Industries Limited has announced an international expansion initiative through its wholly owned subsidiary, Petroleum Specialities Pte Ltd (PSPL), which will acquire a 70% equity stake…”futuresenseindia.com
Summarized from public sources; check the original articles before acting on it.