A federal committe has approved the much-debated acquisition of the government-backed battery-maker A123 Systems by China-based auto parts maker Wanxiang Group.
Wanxiang America's $257m (£163m, €191m) deal to purchase A123 Systems' non-government business assets including technology, products, contracts and factories in the US and China was criticised by the US politicians and... (Continue Reading)
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