State-owned steel company buys Delphi auto parts

    December 08, 2009 | BY

    clpstaff &clp articles

    Chinese state-owned steel company Capital Iron & Steel Company (known as Shougang) has successfully acquired Delphi Corporation's global suspension…

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    Chinese state-owned steel company Capital Iron & Steel Company (known as Shougang) has successfully acquired Delphi Corporation's global suspension and brakes business for almost US$90 million.

    The acquisition was made