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SINOTRUK SELLS 25% PLUS 1 SHARE TO MAN SE.

Publication: AsiaPulse News
Publication Date: 13-OCT-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
BEIJING, Oct 13 Asia Pulse - Sinotruk (SEHK:3808), a Hong Kong-listed subsidiary of China National Heavy Duty Truck Group Co. (CNHTC), said Monday that it had contracted to sell a 25 per cent stake plus one share to German truck maker MAN SE at a price of 560 million Euros (US$827.51 million), or 8.76 HK dollars (US$1.13) per share.

The...

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