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BMW acquires joint venture majority

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Published: February 14th, 2022,
Last updated: February 14th, 2022

BMW has been given the green light to acquire a majority stake in its joint venture with Brilliance in China. The company received the corresponding approval on Friday, BMW announced. The Munich-based company will thus hold 75 percent of the shares in BBA, with its Chinese partner Brilliance holding the remainder.

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