Geely to acquire Australian parts supplier -source

Newswire

SHANGHAI, March 27 (Reuters) - Geely Automobile Holdings , a mid-sized Chinese carmaker, has agreed to acquire Australian auto parts supplier Drivetrain Systems International (DSI), a source familiar with the matter said on Friday. The source did not provide financial terms or other details of the acquisition. Geely Auto declined to comment. The automakers' shares, traded in Hong Kong, were suspended on Friday pending the announcement of a notifiable transaction. (Reporting by Fang ...

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