Goldenbridge (GBRG) to Combine with Auto Services Group in $858M Deal

Goldenbridge Acquisition Limited (NASDAQ:GBRG) has entered into a definitive agreement to combine with digitalized auto services provider Auto Services Group Limited through its indirect majority owned subsidiary Sun Car Online Insurance Agency Co., Ltd., at an enterprise value of $858 million. Shanghai, China-based SunCar is a leading provider of digital platforms of comprehensive automotive services
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