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AI IntelligenceAug 3, 2026M&A
Article

Chery Automobile -> KG Mobility (KGM)

Chery Automobile agreed to invest $75M in South Korea's KG Mobility through convertible bonds; full conversion would give Chery about 10% of KGM's equity.

Data Cube AI EditorialSource: technode.com
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Chery Automobile agreed to invest $75M in South Korea's KG Mobility through convertible bonds; full conversion would give Chery about 10% of KGM's equity.