Western companies are showing serious interest in buying into Motor Sich, the aircraft motor factory, in 2020, outgoing acting US Ambassador William B. Taylor Jr.
Friday, December 27, 2019
Western companies are showing serious interest in buying into Motor Sich, the aircraft motor factory, in 2020, outgoing acting US Ambassador William B. Taylor Jr. told a group of journalists Thursday in a farewell interview. “They are looking for investors,” he said of Motor Sich which is an acquisition target for two Chinese companies. “There are a couple of investors — American and others — who are very interested. They’re doing some due diligence, checking balance sheets, visiting the plant, talking to the owners. They’re doing some serious evaluation.”