YHI buys $3.5m stake in Italian wheel specialist
(2006-03-11)

YHI buys $3.5m stake in Italian wheel specialist

YHI International's wholly-owned subsidiary, YHI Manufacturing, will acquire 519,887 shares of Italian premier wheel specialist OZ SpA.

The $3.49 million deal would represent 19.9 per cent of the entire issued and paid-up capital of OZ SpA.

OZ SpA products have been used on the international racing circuit, including Formula One, since the 1990s.

  
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