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Grammer's efforts to rebuff activist investor suffer injunction setback

AH
By:
Alexander Huebner and Edward Taylor
April 10, 2017 05:00 AM

FRANKFURT -- Efforts by the German interiors maker Grammer to dilute the influence of Bosnian activist investor Hastor were dealt a blow after Hastor blocked China's Ningbo Jifeng Auto Parts Co. from gaining a 9.2 percent voting stake.

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