--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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