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Ningbo Jifeng raises stake in Grammer above 25%

MS
By:
Maria Sheahan
October 26, 2017 05:00 AM

FRANKFURT -- China's Ningbo Jifeng Auto Parts has raised its stake in Germany's Grammer to 25.5 percent from about 20 percent, Grammer said, as it fights to marginalize the influence of Bosnia's Hastor family.

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