BAIC not to increase stake in Daimler AG

On December 13, Daimler AG announced that its long-term shareholder and partner in China, Beijing Automotive Group Co Ltd (BAIC) has confirmed to not further raise its stake in Daimler.
BAIC has been holding an increased stake in Daimler of 9.98 % since 2019. This underlines the successful partnership to continue lo....

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