Brief: China Automotive Systems Says Major Shareholders Withdrawing Go Private Proposal
Aug 20 (Reuters) - China Automotive Systems Inc CAAS.O :
* MAJOR SHAREHOLDERS OF CHINA AUTOMOTIVE SYSTEMS ANNOUNCE
WITHDRAWAL OF "GOING-PRIVATE" PROPOSAL
* CHINA AUTOMOTIVE SYSTEMS - IN LETTER, BUYER SAID
WITHDRAWING
"GOING-PRIVATE" PROPOSAL CONSIDERING RECENT MARKET CONDITIONS
* CHINA AUTOMOTIVE SYSTEMS - IN WITHDRAWAL LETTER, BUYER
SAID
TERMINATING FURTHER DISCUSSION WITH CO REGARDING "GOING-PRIVATE"
PROPOSAL
Source text for Eikon: ID:nPn1q8Tqla
Further company coverage: CAAS.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on China Automotive Systems
See all newsBrief: China Automotive Systems Ships First Electric Power Steering Models To Global Automaker In Europe
Brief: China Automotive Systems Awarded First South American EPS Contract
Brief: China Automotive Systems nears commissioning of 115-platform
Brief: China Automotive Systems: Company To Merge With Caas Cayman
Brief: China Automotive Systems Reports 19.9% Increase In Net Sales In First Quarter Of 2025