Chinese Firm Seeks Approval for Ukraine Deal That Alarmed U.S.

Beijing Skyrizon Aviation and Ukrainian investment company DCH filed application to Ukrainian antitrust agency seeking approval to buy a stake in local aerospace engine maker Motor Sich, according to a statement by Beijing Xinwei Technology on Chinese regulatory wire.

• Skyrizon, DCH announced on Monday that they plan to work together to develop Motor Sich; DCH hasn’t responded to emailed request to clarify form of cooperation
• NOTE: Beijing Xinwei and Skyrizon are in a merger that’s yet to be finalized
• NOTE: Ukraine’s antitrust agency said on Monday that Skyrizon’s previous request for stake in Motor Sich, filed together with state-run ...