Posted inChina

Gree Electric Appliances denies deal with FAW Xiali

China’s Gree Electric Appliances denied that it struck a merger and acquisition deal with FAW Xiali, reported, citing an official announcement on Monday. Stocks of FAW Xiali were suspended for trading on September 8 due to “major and unstable issues involving the company.” It was expected to disclose the relevant situation and resume trading within […]

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