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Category Archives: Public/Private Partnership
U.S. Stimulating Chinese Economy Again as Wanxiang Group Wins Bid for A123′s Assets
Wanxiang Group was announced as the winning bidder for A123 Systems’ assets. A123 had previously been awarded a federal stimulus grant of about $250 million, had applied for federal loans of about $233 million and had received other incentives from the … Continue reading
Posted in Bankruptcy, M&A, Public/Private Partnership, Venture Capital
Tagged A123, acquisition, Assets, Bankruptcy, Merger, Michigan, Navitas Systems, Obama, Public/Private Partnership, Sale, Stimulus, Venture Capital, Wanxiang
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