Rundong Auto to sell stake to Greenland
Print Edition
CHINESE developer Greenland Holding Group Co will pay HK$1.5 billion (US$193 million) for a controlling stake in luxury auto dealer China Rundong Auto Group Ltd, the latter said in a stock exchange filing in Hong Kong yesterday.
Rundong Auto, backed by US private equity firm KKR & Co LP, said it will sell a 46 percent controlling stake to Greenland and change its name to China Greenland Rundong Auto Group Ltd.
The car dealership company is based in Jiangsu Province and operates more than 50 dealerships, featuring brands such as BMW and Land Rover. Rundong Auto’s shares will resume trading today, having been suspended since April 17.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
