Mentech Optical & Magnetic Completes Acquisition of ABB E-Mobility Stake

MT Newswires Live12-03

Dongguan Mentech Optical & Magnetic (SHE:002902) completed the acquisition of 60% of Shenzhen ABB E-Mobility Technology, according to a Shenzhen bourse filing on Wednesday.

ABB E-Mobility was bought for 118 million yuan, the electronic and optical component manufacturer said.

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