Sunday, February 12, 2012

MAN to Sell Stake in Unprofitable China Bus Venture for 1 Euro (Bloomberg)

January 23, 2009 by · Leave a Comment 

Jan. 23 (Bloomberg) — MAN AG , Europe’s third-largest truckmaker, plans to sell its 50 percent stake in an unprofitable China bus venture for 1 euro ($1.30), its Chinese partner said in a statement to Shanghai’s stock exchange today.

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