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Midea Group to merge with laundry machine maker Little Swan

Chinese electrical appliance manufacturer Midea Group is planning to issue shares to complete a merger with laundry equipment manufacturer Little Swan in a deal estimated to be worth 14.38 billion yuan(US$2.07 billion), reported. Midea Group will issue shares to all A and B shareholders in Little Swan, with the exception of TITONI, which is a […]

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