Daimler AG Acquires 12% Stake in BAIC Motor
November 19, 2013 at 06:26 AM EST
BEIJING, Nov. 19, 2013 /PRNewswire/ -- Following green light from Chinese authorities: Official closing ceremony in Beijing for Daimler AG's (OTC: DDAIF ) 12% stake in leading Chinese manufacturer BAIC Motor Daimler is first non-Chinese automotive company to acquire an interest in a Chinese OEM Dr. Dieter Zetsche: "Strategic investment proves
