shareholding

  • daimler.baic.automotiveit
    Article

    Daimler takes 12 pc stake in China's BAIC Motor

    2013-02-03T19:09:32Z

    Daimler CEO Dieter Zetsche (l) and BAIC ChairmanXu Heyi formally agreed on greater cooperation Feb 1 (Photo: Daimler) Daimler will acquire a 12 pc stake in Beijing Automotive Group's (BAIC) passenger car division, the first time a western carmaker invests directly in a Chinese auto group. The two companies ...

  • bosch denso logos.automotiveIT
    Article

    Bosch severs equity ties with Denso

    2012-11-08T11:03:25Z

    "The world has changed," said a Bosch spokesman, adding that there is no longer any business justification for the German automotive supplier's equity holding in Denso. Bosch acquired a 5.4 pc shareholding in Japan's biggest automotive supplier in 1954 because it wanted to get access to the local market and ...