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DMLRY Mercedes Benz Group AG (PK)

14.32
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
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

China's BAIC Moves to Double Stake in Daimler -Reuters

16/12/2019 3:49am

Dow Jones News


Mercedes Benz (PK) (USOTC:DMLRY)
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From Apr 2019 to Apr 2024

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--BAIC Motor, Daimler's main Chinese joint-venture partner, has initiated a plan to double its stake to around 10% and win a board seat in the German luxury car maker, Reuters reported Sunday, citing unnamed sources.

--State-owned BAIC, currently Daimler's third-largest shareholder, has started buying the German company's shares from the open market, a move aimed to surpass its Chinese rival Zhejiang Geely Holding Group, which owns 9.69% of the German auto maker, Reuters reported.

 

Full story: https://reut.rs/36DsQwL

 

Write to Singapore editors at singaporeeditors@dowjones.com

 

(END) Dow Jones Newswires

December 15, 2019 22:34 ET (03:34 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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