China's Geely buys $9 billion Daimler stake
Edited By WION Video Desk
Published: Feb 26, 2018, 01:57 IST | Updated: Feb 26, 2018, 01:57 IST
Chinese carmaker Geely has built up an almost 10 percent stake in Daimler in a $9 billion bet by its chairman. After this purchase Geely, China’s largest privately-owned automaker, is now the biggest shareholder in Germany’s Daimler.
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