from Reuters: Business News https://ift.tt/2RGQm5l
BMW to gain control of China venture in milestone deal for foreign carmakers
Germany's BMW said it will take majority control of its main China joint venture for 3.6 billion euros ($4.2 billion), the first such move by a global carmaker as Beijing starts to relax ownership rules for the world's biggest auto market.
from Reuters: Business News https://ift.tt/2RGQm5l
from Reuters: Business News https://ift.tt/2RGQm5l
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By LIAM STACK from NYT Magazine https://ift.tt/2FNPp6k
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