Oct 11, 2018ACQUISITIONShenyang, China, China BMW intends to increase stake in BBA to 75%
BMW Group announced its intention to increase its stake in BMW Brilliance Automotive from 50% to 75%, subject to regulatory approval and partner consent.
Productsautomobiles
“the company intends to increase its stake in BBA from 50 percent to 75 percent.”xinhuanet.com
- 2 sources
- xinhuanet.comXinhua Headlines: China's old industrial base opens wider to foreign investors - Xinhua | English.news.cnOct 11, 2018
- reuters.comBMW to buy control of China venture in 'new era' for foreign carmakersNorihiko ShirouzuOct 12, 2018
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