Fisker Sold to Chinese Firm for $149M
China’s Wanxiang Group has emerged as the winning bidder for Fisker’s assets, agreeing to pay $149.2 million for the American electric automaker.
fisker buyout
Fisker Finds New Last Minute Bidder With Plans to Restart Production, Add New Models
Wanxiang American Corp. has put in a “stalking horse” bid on Fisker, which is supposed to be sold to Hybrid Tech Holdings LLC for $25 million.
Hong Kong Investor Likely to Buy Fisker
The likely winner of the U.S. Department of Energy loan for Fisker is an investor group led by Hong Kong’s Richard Li.
Fisker Gets $25 Million Offer from German Investment Group
Beleaguered American electric automaker Fisker still hasn’t found a suitable buyer, though that may have just changed.
VL Automotive Looking to Buy Fisker for $20 Million
Fisker’s fall from grace is well documented, and it appears that the value of the company is plummeting in the eyes of potential buyers.
Geely Won’t Make Final Bid for Fisker Due to DOE Obligations
China’s Geely was expected to finalize the sale of Fisker by mid-March, but the Chinese firm will no longer bid for a majority stake in the troubled American electric automaker.
Chinese Volvo Owner Likely to Buy Fisker
Earlier this year, we reported that Fisker seemed desperate seeking strategic partners in China, and now it appears that the struggling American automaker could be selling a major stake to China’s Zhejiang Geely Holding Group.
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