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China's ZEMIC acquires jet fighter maker in $2.45 billion asset restructuring deal

A Chinese aircraft-use measuring instrument manufacturer said it plans to issue $2.45 billion worth of new stock to a state-owned aviation and defence firm that effectively controls it, in. ....

Ella Cao , Kane Wu , Christopher Cushing , Roxanne Liu , Chengdu Aircraft Industrial Group , Zhonghang Electronic Measuring Instruments Co , Aviation Industry Corp , Chengdu Aircraft ,