Date
18 October 2017

Richard Li affiliate presses Fisker bid, paper says

A company with links to Hong Kong tycoon Richard Li is pressing its bid for bankrupt United States hybrid-car maker Fisker Automotive, 21st Century Business Herald reported Wednesday, citing an unnamed person with knowledge of the matter. Company executives visited Delaware Governor Jack A. Markell last weekend, hoping to persuade him to change his mind about the deal. The company, which initially received Fisker’s backing, is up against Wanxiang America Corp., China’s largest car parts company, which is being supported by Markell, the report said. The bidding ends on Feb. 7. Meanwhile, Fisker is seeking other potential buyers, the report said.   

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TL/AC/RA

 

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