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China builds 5% stake in Mercedes-Benz maker Daimler

China has increased its ownership of German car group Daimler by investing a further $2.8bn (€2.5bn) in the Mercedes-Benz maker.

China builds 5% stake in Mercedes-Benz maker Daimler

Wed, 24 Jul, 2019 - 07:15

By Christoph Rauwald

China has increased its ownership of German car group Daimler by investing a further $2.8bn (€2.5bn) in the Mercedes-Benz maker.

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Courts Place: Germany Place: Europe Place: US Place: China Person: Christoph Rauwald Person: Li Shufu Person: Ola Kallenius Organisation: Mercedes-Benz Organisation: Daimler China Organisation: Daimler Organisation: Beijing Automotive Group Organisation: Zhejiang Geely Holding Group Organisation: PSA Group Organisation: Peugeot Organisation: Citroen Organisation: Opel Organisation: Bloomberg

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