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Daimler, climbing the chinese arrival

The chinese partner of Damiler, Baic wants to become the majority shareholder of the group. Writes the Frankfurter Allgemeine Zeitung, citing the agency Reuters

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Daimler, climbing the chinese arrival
The chinese partner of Damiler, Baic wants to become the majority shareholder of the group. Writes the Frankfurter Allgemeine Zeitung, citing the agency Reuters.

To this end, Baic has started to increase its stake starting in July, bringing it to 5%. Baic tip, however, is doubling, and with the 10% of the shares would exceed the rival compatriot Geely, which owns the 9,69% of the securities at the time the main shareholder of the drive of Stuttgart.

Baic aspires to a seat in the supervisory board, which Geely has not.

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