Chinese Company Expresses Interest in Buying Jeep
They’ve a sporting chance. Fiat Chrysler says it hasn’t been approached by China’s Great Wall Motor Company about an offer for Jeep, but the Chinese SUV maker says it’s interested. Fiat’s sought a merger partner for years, while considering spinning the Jeep brand off on its own as it did with Ferrari. Jeep’s valued at $20.7 billion, compared to Great Wall’s $16 billion, so it could have trouble financing such an acquisition — or getting regulatory approval, as the Trump administration has talked tough about foreign companies buying American brands.