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BRIEF-Weichai Power raises stake in Germany's KION
December 12, 2016 / 3:57 AM / a year ago

BRIEF-Weichai Power raises stake in Germany's KION

Dec 12 (Reuters) - Weichai Power Co Ltd

* Says it has bought about 3.3 million shares in its Germany’s unit KION Group AG for about 180 million euros ($190.08 million)

* Says it has increased its shareholding in KION to 43.26 percent from about 40.23 percent after transaction

Source text in Chinese: bit.ly/2gqqYgw

Further company coverage: ($1 = 0.9470 euros) (Reporting by Beijing newsroom)

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