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Toshiba Carrier acquires 20% of Midea Air Conditioning

Toshiba Carrier Corporation has completed the deal to acquire 20% of Guandong Midea Electric Appliances Co., Ltd., Air Conditioning Division. According to Toshiba Carrier, Midea Air Conditioning is the 2 nd largest air-conditioning company in China and has sales of 1.2 billion USD. Under the terms o...

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