UPDATE 1-Liaoning govt to get key stake in Brilliance China

Newswire

(updates with details throughout) HONG KONG, Dec 20 (Reuters) - China's largest van maker, Brilliance China Automotive Holdings Ltd , said on Friday the Liaoning provincial government in China would pay HK$144.6 million (US$18.5 million) for a major stake in the company. The takeover removes uncertainties over the company since its former chairman Yang Rong, wanted in China for alleged involvement in economic crimes, was removed in November by shareholders from the firm's board of ...

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