2014-02-23
Chinese Company Acquires U.S. Electric Car Maker For USD149 Million
China's Wanxiang Group has invested USD149 million to acquire U.S. high-end electric car maker Fisker, who previously applied for bankruptcy protection. Wanxiang Group's offer was reportedly over six times of the bankruptcy protection price of Fisker and the high price helped this Chinese company win the deal among many potential buyers. Wanxiang Group's main businesses […]