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Bang & Olufsen takes partners for mainland
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Bang & Olufsen, the Danish maker of upscale audio-visual products, yesterday said it is taking on a pair of strategic partners to accelerate its expansion on the mainland. Euro-China growth capital fund A Capital and Sparkle Roll Holdings, a domestic distributor of luxury cars and watches, will co-invest US$30 million to take a 7.71 per cent stake in Bang & Olufsen. Bien Perez
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