The Chinese group BAIC Motor is in talks with Daimler about taking a stake in the German carmaker, Daimler’s chief executive said on Thursday.
Dieter Zetsche said in an interview with Reuters that any stake would have to be structured in such a way as to avoid diluting the interests of existing Daimler shareholders.
But he added that while the duo were looking at “possible mechanisms” to do this, whether or not “concrete steps” followed the negotiations depended on BAIC.
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