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Rába Investment sells 5.45% stake in Rába to Westbay Holdings

Rába Rt., a Hungarian maker of automotive parts and trucks, said Cyprus-based Rába Investment Ltd. sold its 5.45 % stake in the Hungarian company to Westbay Holdings Ltd. Cyprus-based Westbay Holdings will own the 734,000 shares in Rába as of June 30, Rába said in statement on the stock exchange web site. The transaction leaves Rába Investment with 731 shares of
Rába, the company said in the statement.