The state-controlled company makes and sells Mercendez-Benz and Hyundai vehicles in China.
December 18, 2014 at 11:26 PM
1 minute read
The original version of this story was published on Global Lawyer News
Clifford Chance has advised Chinese automaker BAIC Motor Corp. Ltd. on its $1.4 billion initial public offering in Hong Kong.
The company is known for manufacturing and selling Mercendez-Benz and Hyundai vehicles on the mainland, as well as its Beijing Motor brand, and is controlled by state-run conglomerate BAIC Group. Germany’s Daimler AG also owns a 12 percent stake.
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