Daimler Set to Sell Half of Smart Unit to China's Geely -FT
March 27 2019 - 03:01AM
Dow Jones News
--Daimler is nearing a deal to sell a 50% stake in its Smart
division to China's Geely, its largest shareholder, the Financial
Times reports citing three people familiar with the matter.
--Confirmation of the sale should come before the Shanghai Auto
Show in April, according to one of the sources.
Full story: https://on.ft.com/2Wpx0Dj
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(END) Dow Jones Newswires
March 27, 2019 02:46 ET (06:46 GMT)
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