China's BAIC raising Daimler stake to unseat Geely as top shareholder, report says

China's BAIC raising Daimler stake to unseat Geely as top shareholder, report says

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China’s BAIC is currently Daimler’s third largest shareholder, but a stake of 10 percent will make it the biggest shareholder, surpassing its Chinese rival Zhejiang Geely, which controls a 9.69 percent stake.

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