FAW Group considers $7.2B acquisition of Brilliance China Automotive

FAW Group is exploring the acquisition of Brilliance China Automotive Holdings for about $7.2 billion in a two-stage deal that would take BMW's main Chinese partner private. The plan involves purchasing shares from Huachen Automotive Group and Liaoning Provincial Transportation Investment Group, followed by a mandatory bid for remaining shares.

“FAW Group is looking at acquiring Brilliance China Automotive Holdings for about $7.2 billion in a two-stage deal that would see BMW's main Chinese partner taken private”globaltimes.cn

• 1 source
• globaltimes.cnFAW considers $7.2b purchase of Brilliance - Global TimesGlobal TimesFeb 4, 2021

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