Sep. 11, 2009 (China Knowledge) - Beijing Automotive Industry Holdings Co Ltd, China's fifth-largest automaker by sales, will acquire a minority stake in Koenigsegg Group AB, a consortium led by Swedish supercar manufacturer Koenigsegg, according to a memorandum of understanding signed by the two companies.
The stake sale is expected to help fund the Swedish firm's bid to take control of Saab, wh
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