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China’s BAIC Aims To Acquire 5 Pct. Of Daimler

May 12, 2019
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China’s BAIC Aims To Acquire 5 Pct. Of Daimler

May 12, 2019
BAIC Group, the Chinese automotive company, wants to buy 5 percent of Daimler, reported Reuters. According to a report citing three sources familiar with the matter, BAIC Group wants to buy the stake to ensure its investment in Beijing Benz Automotive is protected. Reuters reported BAIC let Daimler know earlier this year it was interested […]