CORRECTED-China's Weichai takes 25 pct stake in Kion

Newswire

(Corrects figure in first paragraph to 467 mln euros, from 738 mln euros. Adds third paragraph to show total investment is 738 mln euros) FRANKFURT, Aug 31 (Reuters) - China's Weichai Power will pay 467 million euros ($584 million)to take a 25 percent stake in German forklift truck maker Kion Group, the two companies said on Friday. Weichai, which belongs to Shandong Heavy Industry Group, also agreed to take a 70 percent stake in Kion hydraulics, a unit of the ...

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