Dongfeng Motor targets Hafei and engine maker-sources


SHANGHAI, Jan 25 (Reuters) - The parent of China's Dongfeng Motor is seeking to buy control of minivan maker Harbin Hafei Automobile Industry Group and engine supplier Harbin Dongan Auto Engine Co , two sources close to the situation said on Friday. The state parent of Dongfeng Motor, the country's third largest automaker, has started due-diligence on the two acquisition targets, the sources told Reuters. State aircraft maker AVIC II, which controls Hafei and Dongan, want to spin off its ...

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