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Friday, March 29, 2019

Exclusive: Chinese EV car maker NIO restricts its IPO banks from working for rivals - sources

Chinese electric vehicle (EV) maker NIO Inc has blocked the eight top investment banks that did its IPO from working for rivals by tying them up in rare year-long non-compete clauses, several people with direct knowledge of the matter said.


from Reuters: Business News https://ift.tt/2JQAQ76

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