Chinese cable maker Shenzhen Woer buys Asian assets from Belden
February 28, 2013 1:32 pm ET
HONG KONG -- Shenzhen Woer Heat-Shrinkable Material Co. Ltd., which makes a range of plastic wire and cable products and claims to be the largest maker of such heat-shrinkable materials in China, is paying US$43.3 million (269.7 million Chinese yuan) to buy the Asian consumer electronics assets of American cable maker Belden Inc.
