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China: FAW considers new company in advance of IPO

FAW Group, the local partner of Toyota and Volkswagen, is preparing for an IPO by injecting holdings in its two listed companies into a new company, according to a report by Reuters. The agency notes that industry observers believe the IPO could be engineered in such a way that the It’s time to log in … Continued

FAW Group, the local partner of Toyota and Volkswagen, is preparing for an IPO by injecting holdings in its two listed companies into a new company, according to a report by Reuters. The agency notes that industry observers believe the IPO could be engineered in such a way that the

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https://www.automotiveworld.com/articles/82885-china-faw-creates-new-company-in-preparation-for-ipo/

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