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New Deal


Announced

Dongfeng to acquire an additional stake in Dongfeng-Stellantis joint venture.

Financials

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

Sources

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Domestic

Acquisition

China

Majority

Friendly

car manufacturing

Private

Single Bidder

Automobiles

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Synopsis

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Dongfeng, an automobile company, agreed to acquire an additional stake in Dongfeng-Stellantis joint venture, from Stellantis, a global automaker and provider of innovative mobility solutions. Financial terms were not disclosed. "As we continue our push to drive profitable growth in China, we need to also reset our financial services offering in the country," Carlos Tavares, Stellantis General Director.

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