Dongfeng talking with strategic IPO investors-sources

Newswire

HONG KONG, Oct 25 (Reuters) - Chinese automaker Dongfeng Motor Group plans to set aside about 15 percent of its US$500 million Hong Kong IPO for strategic investors, sources close to the deal said on Tuesday. The sources said Singapore state-owned investment firm Temasek Holdings [TEM.UL], which has been snapping up Chinese assets, is among the parties in talks towards possibly taking a strategic stake in the car maker. Temasek, which had a total portfolio worth about US$60 billion at ...

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