Trade Resources Company News The Daimler CFO Denied CIC Will Acquire Company’s 10% Stake

The Daimler CFO Denied CIC Will Acquire Company’s 10% Stake

Tags: Daimler, CFO, CIC

Bodo Uebber, CFO of Daimler, has denied that China Investment Corporation acquired its 10% stake.

Early in January this year, the media quoted informed sources disclosed that Daimler has sought investors from China for several years, and contacted with CIC very early, now the CIC would acquire part of the Daimlers'share of 4% to 10%.

During the Detroit auto show on January 14th, Daimlers'CEO said Daimler didn't know the plan which CIC would acquire the share of the company, and Daimler didn't negotiate with CIC.

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