Shanghai Automotive Industry Corp (SAIC) selected Morgan Stanley, Merrill Lynch, Deutsche Bank, Bank of China International and NM Rothschild and Sons to drive SAIC's US$1.5 billion to $2 billion listing plan. Twelve banks bid for the mandate. Rothschild was reportedly named as financial adviser, the other four as global co-ordinators and sponsors. SAIC's selection gives Merrill Lynch and Deutsche Bank their second mandate in China's auto sector, having been selected earlier this year to arrange Dongfeng Auto's scheduled
You must log in to post a comment.
Yes, I would like to receive emails from China Economic Review. (You can unsubscribe anytime)
Copyright © 2018 SinoMedia Group Limited All rights reserved