BRIEF-Hedin Mobility And BYD Reach Agreement On Sale And Purchase Of German Distribution Network

Reuters08-30

Aug 30 (Reuters) - Hedin Mobility:

* BYD AND HEDIN MOBILITY REACH AGREEMENT ON SALE AND PURCHASE OF GERMAN DISTRIBUTION NETWORK

* TRANSACTION INCLUDES BUSINESS TRANSFER OF TWO PIONEER STORES IN STUTTGART AND FRANKFURT

* HEDIN AUTOMOTIVE EMOBILITY GMBH WILL REMAIN AUTHORIZED RETAILER OF BYD IN GERMANY

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