Monday 12 November 2018
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Channel News Asia - 1 month ago

China s Haier to aquire Italian home appliance firm

BEIJING: Chinese electronics giant Haier Group has announced it will acquire Italian appliances manufacturer Candy for €475 million (US$547 million) as it looks to expand its market share in Europe. The decision comes as Haier seeks to establish itself as a global brand, amid attempts by China to ...

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