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GAC Aion closes funding round with €2.5 billion

GAC Aion has completed a financing round of 18.29 billion yuan (2.56 billion euros), in which 53 investors participated. The option of an IPO will probably now be explored with the strategic investors. The deal saw 1.383 billion shares issued, representing 17.72 per cent of GAC Aion. Parent company GAC now holds 76.89 per cent […] More…

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