Haier plans stake buy in NZ firm
By Wang Xing | China Daily | Updated: 2009-05-28 08:08
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Haier flat-panel TV sets at an electronics store in Beijing. CFP |
Chinese home appliances maker Haier yesterday said it planned to acquire a 20 percent stake in its New Zealand counterpart Fisher & Paykel, making a breakthrough in the company's efforts to expand outside China.
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