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China Avionics Systems Co., Ltd. completed the acquisition of AVIC Electromechanical Systems Co., Ltd. for CNY 48.5 billion via a share exchange, approved by regulators and shareholders.
“China Avionics Systems Co.,Ltd. (SHSE:600372) agreed to acquire AVIC Electromechanical Systems Co.,Ltd (SZSE:002013) for CNY 48.5 billion on June 10, 2022.”marketscreener.com
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