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February 23, 2018 - Global News

Chinese Automaker Geely Buys Substantial Stake in Daimler

Photo: Daimler AG

Chinese auto manufacturer Geely Holding has purchased a $9 billion stake in Daimler AG, making it the largest investor in the German automaker, according to a report in Bloomberg.

Tags: China, Investment, Daimler, Geely, Global

December 27, 2017 - Global News

China's Geely to Buy Stake in Volvo Trucks

Volvo Trucks North America executives pose with a VNL tractor at the truck's launch earlier this year. Photo: Jack Roberts

A $3.3 billion deal will give China's Geely Holding, which already owns the Volvo Automobile Group, an 8.2% stake in Volvo Trucks.

Tags: Volvo, China, Volvo Trucks North America, Geely, Private Equity

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