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| Name | Symbol | Market | Type |
|---|---|---|---|
| Mercedes Benz Group AG (PK) | USOTC:DMLRY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 14.32 | 14.00 | 14.45 | 0.00 | 01:00:00 |
From May 2019 to May 2024
By Joanne Chiu
BAIC Motor Corp. (1958.HK) has agreed to pay 1.19 billion yuan ($175.8 million) to boost its stake in a Beijing based electric car maker.
The Chinese car maker, which counts Germany's Daimler AG (DAI.XE) as its strategic investor, said after markets closed Thursday that it plans to buy an additional 223.6 million shares in Beijing Electric Vehicle Co., boosting its stake to 7.8% from 6.5% after the deal.
The company's state-owned parent Beijing Automotive Group Co. also owns a 37.5% stake in Beijing Electric Vehicle.
Write to Joanne Chiu at joanne.chiu@wsj.com
(END) Dow Jones Newswires
July 20, 2017 20:30 ET (00:30 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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