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Hanon Systems Completes Acquisition of Global Fluid Pressure & Controls Business of Magna International Inc.
SEOUL, South Korea Mar. 29. 2019
SEOUL, South Korea, March 29, 2019 – Hanon Systems (KS: 018880) today announced it has completed the acquisition of the Fluid Pressure & Controls business of Magna International Inc. for approximately $1.2 billion. The two companies announced plans for the transaction on Sept. 20, 2018. “This trans...
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