Register for free email alerts
Automotive World

China: Guangzhou offers US$3.3bn for 62% of Denway

Wednesday, May 19, 2010,

Tags: Corporate Finance, Mergers and Acquisitions, OEM Strategy.

AutomotiveWorld.com

Guangzhou Automobile Group has offered around HK$26bn (US$3.3bn) to buy out the remaining 62% of Hong Kong-traded affiliate Denway Motors Ltd that it does not already own. Guangzhou Auto's all-stock o...

You are not logged in

This article is available only to members of AutomotiveWorld.com. If you are already a member, please log in to your account to view the complete article.

Membership starts at just $0.48 per day for access to our industry leading auto industry news service and $2.18 per day for access to our news, features, eMagazines, and webinars.

Next steps:

Published on Wednesday, May 19, 2010

Back to top

Terms & conditions | Privacy policy | Copyright information | Site map | Core Web Design | © automotive world ltd. all rights reserved.