Palfinger and SANY agree to reverse cross-shareholding

Palfinger and SANY Heavy Industries signed an agreement to reverse their cross-shareholding, reducing complexity while continuing operational cooperation in joint ventures in China and CIS states.

“Following years of constructive and successful cooperation on the operational joint ventures, the cross-holding is no longer necessary.”prnewswire.co.uk

• 3 sources
• prnewswire.co.ukEANS-News: PALFINGER AG / Reversal of Cross-Holding with SANY Reduces Complexity and Assures Continued Successful GrowthPalfinger AGDec 16, 2021
• vertikal.netSany and Palfinger end cross shareholdings | Vertikal.netDec 17, 2021
• cranepedia.comSany and Palfinger end cross-shareholdings | %%primary_category%% | CranepediaJeffreyJan 3, 2022

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