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Bingshan Refrigeration announced plans to acquire 60% of Panasonic Compressor from Sanyo Electric and 55% of Panasonic Refrigeration for a combined cash price of RMB 1.011 billion, giving it full ownership of both.
“冰山冷热9月26日晚公告称,公司拟以支付现金方式购买三洋电机持有的松下压缩机60%股权”stock.cngold.org
Summarized from public sources; check the original articles before acting on it.