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Williams agrees sale of Williams Advanced Engineering stake

Founded in 2011, WAE is the engineering services business of the Williams Group that owns the Formula 1 team. It employs over 300 people working in 40 different technology projects.
The stake will be sold to an independent private equity firm controlled by EMK Capital.
Williams said it will retain a minority interest in the WAE business.
WAE was the sole battery supplier for Formula E ...Keep reading

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