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.
China's Geely to Buy Stake in Volvo Trucks
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.
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