Balcatta-based Orbital Corporation has sold its stake in engine management systems supplier Synerject to partner Continental Automotive Systems for $US17.8 million ($A24.9 million).
Engine technology company Orbital Corporation has restructured the ownership of its Synerject joint venture by agreeing to sell an eight per cent stake to its US partner Continental Corporation.
Engine technology company Orbital Corporation Ltd has announced a $2.7 million capital injection into its half-owned manufacturing arm Synerject LLC as part of a new financing package.
30 Jun 2006
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