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Whirlpool buys 51% stake in China white goods maker
Home appliance maker Whirlpool Corp said it will acquire a controlling stake in Hefei Rongshida Sanyo Electric Co Ltd for $552 million to expand in China's fast-growing market for washing machines and fridges.
Read Full Article: http://www.ajot.com/news/whirlpool-buys-51-stake-in-china-white-goods-maker
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