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French saxophone maker Selmer sells stake to face up to Chinese pressure

MANTES-LA-VILLE, France (Reuters) – Its saxophones are played by the most famous jazzmen around the world and have even been sent into space, but growing competition from China pushed the French family company Henri Selmer Paris to sell a majority stake to an investment fund.



This post first appeared on Live Album Review – For Concert Goers, Music Lovers And Audiophiles, please read the originial post: here

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French saxophone maker Selmer sells stake to face up to Chinese pressure

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