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BIZCHINA> Top Biz News
US approves China company's acquisition of Delphi biz
(Xinhua)
Updated: 2009-08-08 03:54

The Committee on Foreign Investment in the United States has formally approved the acquisition of Delphi's global production of braking systems and suspension parts by a Chinese company.

Related readings:
 US approves China company's acquisition of Delphi biz BeijingWest nets control of Delphi's key units
 US approves China company's acquisition of Delphi biz Domestic firms eye Delphi
US approves China company's acquisition of Delphi biz Delphi still committed to China
 US approves China company's acquisition of Delphi biz Delphi opens technical center in Shanghai
The acquisition by Beijingwest Industries Co is to get approval from the Chinese government.

Beijingwest will maintain and develop the R&D and production of the two businesses and optimize domestic and overseas auto parts resources.


(For more biz stories, please visit Industries)

 

 

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