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Volkswagen completes acquisition of 4.99% shares of XPeng for USD 705.6 million
On December 6, XPeng Inc. issued an aggregate of 94,079,255 Class A ordinary shares, representing approximately 4.99% of the total issued and outstanding share capital of the company, immediately following the issuance, to Volkswagen Nominee at the purchase price of USD15 per ADS (each ADS representing two Class A or....
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