Delphi sells 50% stake in Shanghai subsidiary

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M&A

Stake is to be bought by Shanghai Aerospace Automobile Electromechanical Company

Delphi Automotive has agreed to sell a 50% stake in Shanghai Delphi Automotive Air Conditioning System. The 50% stake is to be bought by Shanghai Aerospace Automobile Electromechanical Company, according to a report by business news website SinoCast.

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