Liaoning provincial transport investment group


Brilliance China Auto stocks soar after report of takeover plan

Brilliance China Auto stocks soar after report of takeover plan

(ATF) Shares in Brilliance China Automotive Holdings Ltd – BMW's main Chinese partner – jumped by up to 25% on Wednesday after news emerged that FAW Group is looking at taking over the company.The potential acquisition by state-owned FAW, China's No. 2 automaker, comes at a time when Brilliance's top …

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