According to a variety of press outlets, Chinese diesel engine maker Weichai Power Co. Ltd. is interested in buying assets of the bankrupt Delphi Corp. , Weichai`s executive director said.
"We are interested in Delphi`s assets as their technologies are the best in the industry," Xu Xinyu said at a business forum. "We might have some cross-border acquisitions next year." Xu did not say which assets his company is particularly interested in.
Xu said Weichai had recently been in discussions with industry giants such as Volvo AB, MAN AG and Caterpillar Inc. about possible opportunities to cooperate.
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