tengzhong-acquisition-of-hummer-cancelled

Tengzhong acquisition of Hummer cancelled

Tengzhong is unable to secure regulatory approvals to proceed with the Hummer acquisition, forcing it to abandon the deal.

Sameera Anand

February 26, 2010

Sichuan Tengzhong Heavy Industrial Machinery and General Motors yesterday confirmed that the deal for the Chinese company to buy Hummer has been aborted.

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