Daimler welcomes Geely as new shareholder
DUESSELDORF (Reuters) - Daimler welcomes a large shareholder like Geely, the German carmaker's China chief Hubertus Troskasaid on Wednesday.
"We see this as positive," Troska said at a conference.
Chinese carmaker Geely on Friday revealed it had built up an almost 10 percent stake in Daimler in an attempt to force an industrial alliance to access the Mercedes-Benz electric cars technology.
Troska also said that stake was purchased on the open market and that chief Li Shufu was considered a visionary entrepreneur at Daimler.
(Reporting by Matthias Inverardi; Writing by Edward Taylor and Tom Sims; Editing by Susan Fenton)
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