Malmo / SE. (aak) Swedish AAK Group (former AarhusKarlshamn AB) has acquired an additional five percent of the shares of AAK Kamani, the joint venture between AAK and Kamani Oil Industries Pvt Limited that was formed in September 2015. AAK now owns 69 percent of AAK Kamani. The remaining 31 percent of the shares is owned by AAK Kamani’s CEO Prakash Chawla and his family. The transaction was completed this week and has no significant impact on AAK’s earnings.
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