Daimler Open to Taking Stake in Geely's Volvo Cars -Manager Magazin
April 19 2018 - 10:41AM
Dow Jones News
--Daimler AG (DAI.XE) is open to taking a small stake in Geely
Automobile Holdings Ltd's Volvo Cars, reports German publication
Manager Magazin, citing company sources.
--Daimler would also be willing to deliver engines and other
parts to Volvo Cars, Manager Magazin reports.
--Geely Chairman Li Shufu currently holds a nearly 10% stake in
Daimler.
Full story: https://bit.ly/2qJ8sHt
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(END) Dow Jones Newswires
April 19, 2018 10:26 ET (14:26 GMT)
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