BRIEF-Shanghai Aerospace Automobile Electromechanical to buy stake in South Korea firm

April 10 (Reuters) - Shanghai Aerospace Automobile

Electromechanical Co Ltd

* Says it plans to acquire 70 percent stake in South Korea's

erae Automotive Systems Co Ltd for an enterprise value of $201.6

million

Source text in Chinese: http://bit.ly/2nxmyNn

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(Reporting by Hong Kong newsroom)