KM Financial Solutions | China’s BAIC signaled willingness to increase its stake in Daimler: sources
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China’s BAIC signaled willingness to increase its stake in Daimler: sources

China’s BAIC signaled willingness to increase its stake in Daimler: sources

Daimler’s
main Chinese joint venture partner BAIC Group
signalled its intention to increase its stake in the German
luxury car manufacturer last month, sources briefed on the
matter said, after it built up a 5% Daimler stake in July.

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