Wanxiang Wins U.S. Government Approval to Buy Battery Maker A123
Wanxiang Group Co., China's biggest auto-parts maker, won approval from the Committee on Foreign Investment in the U.S. to buy most of the assets of A123 Systems Inc., the bankrupt electric-car battery maker backed with U.S. government funds.

Wanxiang Group Co., China's biggest auto-parts maker, won approval from the Committee on Foreign Investment in the U.S. to buy most of the assets of A123 Systems Inc., the bankrupt electric-car battery maker backed with U.S. government funds.

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