'takeover plan'


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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