Weichai Power to take over Torch Auto via share swap
China’s Commerce Ministry approves plan
A Torch Auto statement filed with the Shenzen Stock Exchange revealed that Weichai Power’s plan to take over and merge with Torch Auto via a share swap has been approved by China’s Commerce Ministry.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
