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Geely’s industry disruption extends to Daimler

Daimler reportedly rebuffed Geely's approach for a 5% stake last year but now it is 'delighted' to welcome Li Shufu as its largest single shareholder at nearly 10%. By Megan Lampinen

From Volvo Cars to Volvo Trucks and now Daimler Ag –  Geely Chairman Li Shufu’s acquisition spree gathers momentum as the company gains access to pivotal technology and wider geographical reach….

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