# 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.

- Type: Acquisition
- Announced: 2018-10-11
- Where: Shenyang, China, China
- Value: $4.20B (3.60B EUR)
- Status: announced
- Products: automobiles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [BMW](https://endata.com/companies/13009.md) (acquirer)
- [Brilliance China Automotive Holdings](https://endata.com/companies/25363.md) (target)
- [BMW Brilliance Automotive](https://endata.com/companies/32180.md) (target)

## Sources

- [xinhuanet.com](http://www.xinhuanet.com/english/2018-10/11/c_137526295.htm), 2018-10-11: "the company intends to increase its stake in BBA from 50 percent to 75 percent."
- [reuters.com](https://www.reuters.com/article/us-bmw-jointventure-brilliance-china/bmw-to-buy-control-of-china-venture-in-new-era-for-foreign-carmakers-idUSKCN1MK2Z9/), 2018-10-12: "The luxury carmaker said on Thursday it would increase its stake in its venture with Brilliance China Automotive Holdings Ltd to 75 percent from 50 percent"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.