German carmaker BMW said on Friday that it has acquired a further 25% stake in its Chinese joint venture BMW-Brilliance Automotive (BBA). With the move, BMW indirectly holds 75% of the shares in BBA, while the Chinese partner Brilliance China Automotive Holdings indirectly holds the remaining 25%. The venture was founded in 2003 and its main operations include production, sales and after-sales services of BMW automobiles in China, a lucrative market for European carmakers. BBA is fully consolidated in the Group financial statements of BMW and the payment of the purchase price is expected to be…