Classification: M&As
Geely bidding to acquire Proton [2017-03-06]

Geely Holding Group is in the process and lead of bidding to acquire at least a 51 percent stake in Malaysian carmaker Proton Holdings Bhd, according to a Reuters report citing people familiar with the matter.

Gree halts plan to purchase new energy bus maker Yinlong [2016-11-24]

ZHUHAI, Guangdong – Gree Electric Appliances Inc. announced on November 16 it gave up plan issuing new shares to acquire Zhuhai Yinlong Energy Co., Ltd.

Zoomlion Terex M&A case at a standstill [2016-04-08]

CHANGSHA, Hunan – Chinese machinery maker Zoomlion Heavy Industry Science and Technology Co. (Zoomlion) confirmed an offer for an unsolicited, non-binding acquisition proposal to acquire all of the outstanding shares of the U.S. crane maker Terex for $30 per share in cash.

Geely acquires Dongfeng Nanchong for commercial vehicle production [2016-04-06]

NANCHONG, Sichuan – Nanchong Geely Commercial Vehicle Academy Co., Ltd. (Nanchong Geely), a full subsidiary of Zhejiang Geely Holding Group Co., Ltd.

Wang Dazong: only 13 percent outbound China investment profitable [2016-03-18]

Only 13 percent of Chinese outbound investments are profitable, said Wang Dazong, chairman and founder of Ophoenix Capital Management, during his speech at CBU/CAR’

WKW acquires 48 percent shares of Wuzhoulong Motors [2016-01-08]

BEIJING – Beijing WKW Automotive Parts Co., Ltd. announced plans to purchase 48 percent shares of Shenzhen Wuzhoulong Motors Co., Ltd.

Youngman completes purchase of German Viseon [2016-01-08]

  PILSTING, Germany – China’s privately-owned Youngman Automobile Group Co., Ltd. and the German bus maker Viseon Bus GmbH, signed a notarially authenticated agreement governing the participation of the Chinese automobile and commercial vehicle group in the German bus manufacturer.

BAIC acquires Baolong to produce independent PV in South China [2016-01-08]

GUANGZHOU – Beijing Automotive Group Co., Ltd. (BAIC) formally signed the BAIC South China production base cooperation agreement with the Zengcheng district government of Guangzhou, ending the four-month negotiation since the signing of the cooperation framework agreement on August 18, 2010.

GAC-Mitsubishi to acquire Mitsubishi China Sales Co. [2015-12-22]

GUANGZHOU – GAC-Mitsubishi Motors Co., Ltd. will offer no more than ¥348 million ($54.5 million) for 100 percent controlling stake in Mitsubishi Motors Sales (China) Co., Ltd.

ChemChina to buy Italian tire maker Pirelli in $7.7b deal [2015-03-23]

  By China Daily MILAN - China National Chemical Corp (ChemChina) is to buy Pirelli, the world's fifth-largest tire maker, in a 7.