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BMW takes majority stake in BMW Brilliance Automotive joint venture · Endata

◂ Announcements

Feb 11, 2022ACQUISITIONChina

BMW takes majority stake in BMW Brilliance Automotive joint venture

BMW has increased its stake in the Chinese joint venture BMW Brilliance Automotive Ltd. (BBA) to 75%, with Brilliance China Automotive Holdings holding the remaining 25%. The purchase price is approximately 3.6 billion euros, with payment expected by Feb. 22, 2022.

Value

$4.10B (3.60B EUR)

Status

Completed

Productsautomobiles

CompaniesBMW acquirer Brilliance China Automotive Holdings target BMW Brilliance Automotive target

Sectors#Automotive Components

“BMW hält damit mittelbar 75 Prozent der BBA-Anteile, der chinesische Partner Brilliance China Automotive Holdings Ltd. die restlichen 25 Prozent.”auto-medienportal.net

1 source
auto-medienportal.netBMW übernimmt Mehrheit an Brilliance - Auto-MedienportalFeb 11, 2022

Summarized from public sources; check the original articles before acting on it.

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