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MAN Energy Solutions has agreed to sell its gas turbine business to GHGT, a subsidiary of China State Shipbuilding Corporation (CSSC). The transaction is subject to regulatory approval. Purchase price not disclosed.
“The transaction, which remains subject to regulatory approval and various closing conditions, comes alongside the conclusion of long-term supply and service agreements between the two companies.”lawyer-monthly.com
Summarized from public sources; check the original articles before acting on it.