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Unifi to divest Chinese fibre stake
Wednesday, 11 March 2009

GREENSBORO - Unifi Inc. has announced that its wholly owned subsidiary, Unifi Asia Holding SRL, has agreed to sell its 50% stake in Yihua Unifi Fibre Industry Co. Ltd. to its joint-venture partner, Sinopec Yizheng Chemical Fiber Co. Ltd in a deal valued at US$9 million.