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11-25-2019, 06:47 AM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),Mercedes-Benz (https://www.autoblog.com/mercedes-benz)
https://o.aolcdn.com/images/dims3/GLOB/crop/5118x2879+256+467/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2019-11/cc67b1c0-0f8b-11ea-b768-bccaed66e849 BEIJING/FRANKFURT (Reuters) - Daimler's main Chinese joint venture partner BAIC Group [BEJINS.UL] has signalled its intention to increase its stake in the German luxury car manufacturer, sources briefed on the matter said, after it built up a 5% Daimler stake in July. Officials at BAIC's listed company BAIC Motor Corp Ltd said at investor conferences in mid-October that "both sides are willing to increase stakes in the other", responding to questions about future relationshContinue reading China's BAIC wants to increase share of Daimler beyond its 5% stake (https://www.autoblog.com/2019/11/25/china-baic-daimler-ownership-stake/)
China's BAIC wants to increase share of Daimler beyond its 5% stake (https://www.autoblog.com/2019/11/25/china-baic-daimler-ownership-stake/) originally appeared on Autoblog (https://www.autoblog.com) on Mon, 25 Nov 2019 09:00:00 EST. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
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https://o.aolcdn.com/images/dims3/GLOB/crop/5118x2879+256+467/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2019-11/cc67b1c0-0f8b-11ea-b768-bccaed66e849 BEIJING/FRANKFURT (Reuters) - Daimler's main Chinese joint venture partner BAIC Group [BEJINS.UL] has signalled its intention to increase its stake in the German luxury car manufacturer, sources briefed on the matter said, after it built up a 5% Daimler stake in July. Officials at BAIC's listed company BAIC Motor Corp Ltd said at investor conferences in mid-October that "both sides are willing to increase stakes in the other", responding to questions about future relationshContinue reading China's BAIC wants to increase share of Daimler beyond its 5% stake (https://www.autoblog.com/2019/11/25/china-baic-daimler-ownership-stake/)
China's BAIC wants to increase share of Daimler beyond its 5% stake (https://www.autoblog.com/2019/11/25/china-baic-daimler-ownership-stake/) originally appeared on Autoblog (https://www.autoblog.com) on Mon, 25 Nov 2019 09:00:00 EST. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2019/11/25/china-baic-daimler-ownership-stake/) | Email this (https://www.autoblog.com/forward/2189433/) | Comments (https://www.autoblog.com/2019/11/25/china-baic-daimler-ownership-stake/#comments)
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