Chines Enterprises Face an Upsurge in Transnational Merger

摘要

@@ Shanghai Automotive Industry Corporation (SAIC) intended to purchase the British MG Rover Group, but now there some problems for this plan. According to the report of Britain's Financial Times on February 7, since SAIC met some difficulties in getting the permit from the relevant Chinese regulatory institutions, its purchase of British MG Rover has been suspended. This newspaper reports, MG Rover releases that it is still in question as whether both sides can issue a declaration of purchase before British general election in May.