China's Geely (Owner of Volvo Cars) Is Buying $9 Billion USD Stake in Daimler (Parent of Mercedes-Benz)
Chinese manufacturer Zhejiang Geely Holding Group Co. has acquired a stake worth about 7.3 billion euros ($9 billion) in Daimler AG to become the largest investor in the German automaker.
https://www.bloomberg.com/news/articles ... in-daimler
https://www.bloomberg.com/news/articles ... in-daimler