Lentuo to acquire two new dealerships in China

| Thursday, 11 August 2011

Lentuo International (LAS), an automobile retailer in Beijing, has signed a letter of intent (LOI) to acquire Huizhou FAW-Volkswagen Sales and Service (Huizhou FAW-VW) and an equity transfer agreement to acquire Beijing Hexinshuntong Automobile Sales and Service (Beijing Mazda).

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