Geely's Li Shufu Takes 9.69% Stake in Daimler
February 23 2018 - 1:19PM
Dow Jones News
By Sonia Amaral Rohter
Chinese billionaire Li Shufu has bought a 9.69% stake in Daimler
AG (DAI.XE), the German car maker said late Friday in a regulatory
filing.
The stake is worth nearly 7.5 billion euros ($9.22 billion),
according to Friday's closing price.
Li Shufu is the head of Geely Automobile Holdings Ltd.
Write to Sonia Amaral Rohter at
sonia.amaralrohter@dowjones.com
(END) Dow Jones Newswires
February 23, 2018 13:04 ET (18:04 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
Geely Automobile (PK) (USOTC:GELYY)
Historical Stock Chart
From Aug 2024 to Sep 2024
Geely Automobile (PK) (USOTC:GELYY)
Historical Stock Chart
From Sep 2023 to Sep 2024