Daimler says does not expect CIC to take 10 pct stake

Newswire

FRANKFURT, Feb 25 (Reuters) - German car maker Daimler does not expect Chinese sovereign wealth fund China Investment Corp to take a 10 percent stake in the company, its chief financial officer told a German newspaper. "No, I don't expect this to happen. There is a lot of speculation about us looking for another anchor shareholder in addition to Kuwait, but that's not true," Bodo Uebber told Handelsblatt in an interview published on Monday. In January, shares ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Insights

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×