Japanese manufacturer Nidec (NJ +0.5%), which makes small motors for everything from car windows...


Japanese manufacturer Nidec (NJ +0.5%), which makes small motors for everything from car windows to copiers, says it's buying a 51% stake in the Chinese automotive motor company, Jiangsu Kaiyu Auto Appliance Co. The company has struggled in the past to gain a foothold on the Chinese market, and says the acquisition will significantly aid its expansion in the region. Financial terms were not disclosed.

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