Brembo open to further investment in Chinese JV as H1 profit tops forecast News


Source: upstract.com upstract.com

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Brembo could consider expanding its investment in a newly announced joint venture in China with Gold Phoenix, its executive chairman told Reuters after the Italian brakes maker posted a 13% rise in first-half core earnings. Brembo this week said it and Gold Phoenix had agreed to create a 50/50...