Changan Auto to acquire 20% of equity in CAAFC
On November 28, Changan Auto announced on the Shenzhen Stock Exchange (SZSE) that it will publicly acquire a 20% equity in Changan Automobile Finance Co., Ltd. (CAAFC) held by Chongqing Yufu Assets Management Co., Ltd. for a base price of CNY 2.3 billion.
Upon completion of the transaction, Changan Auto’s shareholdin....
Upon completion of the transaction, Changan Auto’s shareholdin....
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