Results for tengzhong: 75

Shanghai, October 15 (Gasgoo.com) China's commerce ministry has not yet received an application from heavy machinery maker Tengzhong for the acquisition of the Hummer brand from General Motors, media reported today, citing an official.

BEIJING, Oct 15 - China's Ministry of Commerce has not yet received an application from Sichuan Tengzhong Heavy Industrial Machinery to buy General Motors' Hummer brand, ministry spokesman Yao Jian told a regular news conference...

Shanghai, October 12 (Gasgoo.com) China's Sichuan Tengzhong Heavy Industrial Machinery said on Monday that it expects its purchase of General Motors Co's Hummer to get approval from Chinese authorities by the end of this year or early next year.

SHANGHAI, Oct 12 - China's Sichuan Tengzhong Heavy Industrial Machinery said on Monday it was talking with regulators following its agreement to purchase General Motors Co's Hummer business. A Tengzhong spokeswoman added that the deal...

It's been in the works for some time and now it's finally official. According to Reuters, General Motors has signed a definitive agreement to sell its Hummer brand to China's Sichuan Tengzhong Heavy Industrial Machinery, with Tengzhong taking an 80 percent stake and a private investor consuming the rest.

General Motors Co. is trying to close a deal to sell its Hummer brand to Tengzhong Heavy Industry Machinery Co. for about $150 million, according to Bloomberg News. The American company hopes to close the deal for its SUV brand today or tomorrow, Bloomberg citing unnamed sources. A spokesman for ...

Chinese machinery maker Tengzhong is still working to close a deal with General Motors Co to buy the U.S. automaker's Hummer brand after a regulatory setback, Chinese media reported on Monday.

SHANGHAI, Sept 8 - China's Sichuan Tengzhong Heavy Industrial Machinery said on Tuesday its controversial talks to buy GM's [GM.UL] Hummer unit were moving forward, but it was in no position to comment on regulatory...

BEIJING, Sept 7 - Chinese machinery maker Tengzhong is still working to close a deal with General Motors Co to buy the U.S. automaker's Hummer brand after a regulatory setback, Chinese media reported on Monday....

Tengzhong has cleared one more obstacle after report came out that China's Ministry of Commerce had approved its plan for Hummer last Friday.