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Deals Rumor Mill: VW, QSR Brands, BioTek

By Adam Rhodes ( April 10, 2019, 5:13 PM EDT) -- German carmaker Volkswagen AG is eyeing a large stake in JAC Motors, Reuters reported Wednesday. According to the report, the carmarker hired Goldman Sachs to advise on the potential deal for the company, which is its partner in a Chinese electric vehicle joint venture. Citing an anonymous source, the outlet reported that VW would move much of its planned electric vehicle production work in China to JAC if the deal closes....

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