Daimler is reportedly in talks with potential investors from China.
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Howeverr, Daimler CEO Dieter Zetsche refused to comment on the identity of the potential investors in an interview with Handelsblatt.
Chinese state investment fund China Investment Corporation (CIC) is speculated to be a potential investor and CIC has said it is considering further investments in Europe.
The CEO also said it was a success that International Petroleum Investment Company (IPIC) recently bought into Daimler as the company gained financial security following the transaction. Abu Dhabi-based IPIC acquired a stake of 9.1% in Daimler for EUR 1.95 billion.
Daimler also said it will bring its Smart brand to the Chinese market ‘soon’.
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By GlobalDataThe German government backed the deal with Abu Dhabi, saying it showed long-term growth prospects for the German auto sector were good.
Daimler’s search for outside capital has caused some analysts to speculate that it is finding the going much tougher than expected this year.
