China: Beijing Auto resumes Fujian acquisition talks

Beijing Automotive Industry Holding Corp (BAIC) has restarted acquisition talks with Fujian Motor Industry Group, reports Beijing Times. The two were in talks a couple years ago over plans for BAIC to acquire a 40% stake in the Fujian and Daimler joint venture Fujian Daimler. However, discussions later broke down. The Subscribe to Automotive World … Continued

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• February 21, 2012