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De Tomaso sold to Chinese company after Luxembourg investors fail to pay up - report

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De Tomaso sold to Chinese company after Luxembourg investors fail to pay up - report

Famed Italian automotive marque De Tomaso has been sold for the second time in just over a month, this time to Chinese firm Consolidated Ideal Team Venture. In March we reported that De Tomaso had been sold to Swiss company L3 Holdings for 2 million euros ($2...

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De Tomaso bought by Swiss company - report
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De Tomaso bought by Swiss company - report

Swiss company L3 Holdings is now, reportedly, the new owner of Italian car maker De Tomaso. With a bid of around 2 million euros ($2.8 million), Switzerland's L3 holdings edged out rivals, the Eos Group from Italy and China's Consolidated Ideal Team Venture, for a chance at reviving the Italian marque...