Fisker Seeking Suitors As Far Afield As China

Speculation centers around one possible partner: Dongfeng, based in Wuhan, China. Day-to-day operations being managed by Huron Consulting Group in Chicago, with the investor search in the hands of Evercore Partners.

Published: 16-Feb-2013

Fisker Automotive Inc., the U.S. plug-in hybrid carmaker seeking a buyer, is weighing several bids, including a $350 million offer from Dongfeng Motor Corp. that would give the Chinese carmaker majority control, said people with knowledge of the matter.

Dongfeng, based in Wuhan, China, would gain 85 percent of Fisker under the terms of its bid, said one of the people, who asked not to be named because the process is private. Fisker had sought bids by Feb. 6, according to that person.

“The company has received detailed proposals from multiple parties in different continents, which are now being evaluated by the company and its advisers,” Roger Ormisher, a spokesman for Fisker, said in an e-mail. He declined to elaborate.


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