Reported about 7 hours ago
Mercedes-Benz Group is set to acquire a 3% stake in Chongqing Qianli Technology, valued at approximately 1.34 billion yuan ($187.90 million). The transaction involves Chongqing Lifan Holdings transferring 135.63 million shares at a price of 9.87 yuan per share. Mercedes-Benz has committed to maintaining its stake for at least the next 12 months.
Source: YAHOO