Beijing Shougang buying 23.6% stake in Hyundai venture partner

Dec 27, 2006 | 03:03 PM | Hongmei Li

Beijing Shougang Co. Ltd., the Shenzhen, China,-listed arm of Shougang Group Corp., is acquiring a 23.6-percent stake in Beijing Automotive Investment Holdings Co. Ltd. from its parent company.

According to news reports, Beijing Shougang will pay 1.06 billion yuan ($136 million) to its parent for the interest in Beijing Automotive Investment Holdings, which holds a 50-percent stake in Beijing Hyundai....

Latest Pricing Trends


Are you stocking more inventory today than 18 months ago?


View previous results