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 ...

Premium Content (PAID Subscription Required)

"Dongfeng talking with strategic IPO investors-sources" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×