Daimler nears deal to sell half its Smart unit to China’s Geely: FT

March 26, 2019 admin Business News Comments Off on Daimler nears deal to sell half its Smart unit to China’s Geely: FT

Daimler AG is nearing the sale of a 50 percent stake in its small-car brand Smart to China’s Geely Automobile Holdings Ltd, the Financial Times said on Tuesday, citing three people familiar with the matter.

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Source:: Reuters – Business News