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SAIC Motor subsidiary terminates acquisition of shares in CAR
On July 20, SAIC Motor Corporation Limited (SAIC Motor) announced that its wholly owned subsidiary SAIC Motor HK Investment Limited (SAIC HK) declared that it would terminate the acquisition of no more than 613,377,424 shares in CAR Inc. (CAR) from UCAR Inc. and its subsidiaries (together UCAR) and Amber Gem Holdings....
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