Beijing Automotive Industry Holding Company aims to purchase five percent share in Daimler.
Auto Business News-May 13, 2019--Beijing Automotive Industry Holding Company aims to purchase five percent share in Daimler
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Auto Business News - 13 May 2019
Beijing Automotive Industry Holding Company, a China-based automaker, is aiming to purchase a five percent share in Germany-based Daimler AG (NYSE: DAI), Reuters has reported citing certain sources.
The China-based automaker reportedly aims to acquire a share in Daimler to protect its investment.
Reuters has reported that Beijing Automotive Industry Holding Company informed Daimler it wanted a four- to five-percent stake earlier this year. Daimler...
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