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Announced

Mazda Motor, Chongqing Changan and China FAW to form a joint venture.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Private

Majority

Single Bidder

automobile manufacturer

China

Cross Border

Automobiles

Joint Venture

Pending

Synopsis

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Mazda Motor, a Japanese multinational automaker, Changan Automobile, a Chinese state-owned automobile manufacturer, and China FAW, a Chinese state-owned automotive manufacturing company, agreed to form a new joint venture. Financial terms were not disclosed. With the change in the investment structure, the three companies aim to utilize every strategic and managerial opportunity in the new joint investment company and strive to make its business and management system optimal to adapt to the needs of the expanding Chinese market.

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