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


2018-10-11 (60 Days Old)Total Views: 32 | Last 7 Days: 3

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.


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5 Related Articles, between 2018-10-11 and 2018-07-11


BMW to gain control of China venture for $4.2 billion in milestone deal. Germany's BMW said it will take majority control of its main China joint venture for $4.2 billion, the first such move by a global carmaker as Beijing starts to relax ownership rules for the world's biggest auto market. >>
BMW to gain control of China venture in 'new era' for foreign carmakers. Germany's BMW said it will take control of its main China joint venture for 3.6 billion euros ($4.2 billion), the first such move by a global carmaker as Beijing starts to relax ownership rules for the world's biggest auto market. >>
BMW to gain control of China venture in milestone deal for foreign carmakers. Germany's BMW said it will take majority control of its main China joint venture for 3.6 billion euros ($4.2 billion), the first such move by a global carmaker as Beijing starts to relax ownership rules for the world's biggest auto market. >>
Kyle Edmund battles past Peter Gojowczyk in China Open. Kyle Edmund fought back from a set down to defeat Germany's Peter Gojowczyk and move into the second round of the China Open in Beijing on Monday. >>
On the eve of freedom, a glimpse inside Liu Xia's flat. Judging by her apartment on the eve of her departure from Beijing to Germany, Liu Xia seemed completely unaware of her impending freedom -- or perhaps... >>