Friday, October 12, 2018

BMW to buy control of China venture in 'new era' for foreign carmakers

Germany's BMW will pay 3.6 billion euros ($4.2 billion) to take control of its main joint venture in China, the first such move by a global carmaker as Beijing starts to relax ownership rules for the world's biggest auto market.


from Reuters: Money News https://ift.tt/2IN7fHz

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