FAW Group, the local partner of Toyota and Volkswagen, is preparing for an IPO by injecting holdings in its two listed companies into a new company, according to a report by Reuters. The agency notes that industry observers believe the IPO could be engineered in such a way that the Subscribe to Automotive World to … Continued
FAW Group, the local partner of Toyota and Volkswagen, is preparing for an IPO by injecting holdings in its two listed companies into a new company, according to a report by Reuters. The agency notes that industry observers believe the IPO could be engineered in such a way that the
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https://www.automotiveworld.com/articles/82885-china-faw-creates-new-company-in-preparation-for-ipo/
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