# 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.

- Type: Acquisition
- Announced: 2021-02-04
- Where: Shenyang, Liaoning, China
- Value: $7.20B
- Status: rumored
- Products: automobiles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [FAW Group](https://endata.com/companies/3197.md) (acquirer)
- [Brilliance China Automotive Holdings](https://endata.com/companies/25363.md) (target)
- [Huachen Automotive Group](https://endata.com/companies/53038.md) (partner)
- [Liaoning Provincial Transportation Investment Group](https://endata.com/companies/53039.md) (partner)

## Sources

- [globaltimes.cn](https://www.globaltimes.cn/page/202102/1214995.shtml), 2021-02-04: "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"

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