NETHERLANDS - Dutch pension fund manager Shell Asset Management Company BV (SAMco) has acquired a 19.5% stake in Azure Dynamics Corporation, a producer of hybrid electric and electric commercial vehicles.
SAMco bought 74 million common shared in the North American company for C$18.5m (US$17.4m) as part of a private placement offering. In a statement SAMCo, which is a Netherlands-based asset manag...
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