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08/08/2017 - SEVES Group – PPC division sales its participation in PPC Wuxi Insulators
SEVES Group has the pleasure to announce that its subsidiary Seves Austria Holding GmbH, owner of 60% of the shares of PPC Wuxi Insulators Co. Ltd. (“the Company”), and Wuxi Huaneng Electric Cable Co., Ltd., partner in the Joint Venture, reached an agreement relating to the transfer of the shares of the Company to the Partner that remains the sole shareholder of the Company.
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