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  • February 26, 2018
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  • Comments Off on Check out this NY Times article Sogefi Targets New Investment, Acquisitions After Profit Rise

Sogefi Targets New Investment, Acquisitions After Profit Rise
Italian automotive parts maker Sogefi plans to grow organically and through acquisitions in all three of its business segments, its Chief Executive Laurent Hebenstreit said.
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February 26, 2018 at 11:59AM

Factbox: Chinese Automakers’ International Alliances
China’s Zheijiang Geely Holding Group [GEELY.UL] $9 billion stake in Germany’s Daimler marks the biggest move so far in a global acquisition spree by its chairman Li Shufu.
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February 26, 2018 at 11:59AM

  • February 26, 2018
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  • Comments Off on Check out this NY Times article Negotiators Seek Progress on NAFTA Despite Fresh Trump Tension

Negotiators Seek Progress on NAFTA Despite Fresh Trump Tension
U.S., Mexican and Canadian negotiators meet on Monday seeking to narrow disagreements on how to overhaul the NAFTA trade deal despite renewed signs of tension between Mexico and U.S. President Donald Trump over his planned border wall.
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February 26, 2018 at 07:52AM

Factbox: Chinese Investments in German Companies
Geely Automobile Holdings Ltd’s shares jumped on Monday after its chairman Li Shufu said he had built a $9 billion stake in Daimler AG, gaining leverage in his bid to convince the German carmaker to cooperate on technology.
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February 26, 2018 at 07:52AM

  • February 26, 2018
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  • Comments Off on Check out this NY Times article DealBook Briefing: Berkshire Hathaway Seeks ‘Huge Acquisitions’

DealBook Briefing: Berkshire Hathaway Seeks ‘Huge Acquisitions’
Despite $116 billion burning a hole in his pocket, Warren Buffett says attempts to diversify have been stymied by high prices for potential acquisitions.
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February 26, 2018 at 07:52AM

  • February 26, 2018
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  • Comments Off on Check out this NY Times article Factbox-China’s Geely Adds Daimler Stake to Global Auto Portfolio

Factbox-China’s Geely Adds Daimler Stake to Global Auto Portfolio
A $9 billion (6.40 billion pounds) stake in Germany’s Daimler marks the biggest move so far in a global acquisition spree by Li Shufu, chairman of China’s Zheijiang Geely Holding Group.
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February 26, 2018 at 07:52AM

Geely’s Li Shufu Is Betting Billions on Global Push
Li Shufu, chairman of Chinese carmaker Geely, is making waves in the global auto market after buying a $9 billion stake in Germany’s Daimler AG.
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February 26, 2018 at 05:52AM

  • February 26, 2018
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  • Comments Off on Check out this NY Times article Geely Covets Daimler Tech With $9 Billion Stake, Shares Surge

Geely Covets Daimler Tech With $9 Billion Stake, Shares Surge
Geely Automobile Holdings Ltd’s shares jumped on Monday after its chairman Li Shufu revealed he had built a $9 billion stake in Daimler AG, gaining leverage as he tries to convince the German carmaker to cooperate on technology.
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February 26, 2018 at 03:52AM

Syria, Samsung, Xi Jinping: Your Monday Briefing
Here’s what you need to know to start your day.
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February 25, 2018 at 11:52PM

  • February 24, 2018
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  • Comments Off on Check out this NY Times article Geely Chairman Builds $9 Billion Stake in Germany’s Daimler

Geely Chairman Builds $9 Billion Stake in Germany’s Daimler
The chairman of Chinese carmaker Geely has built up a 9.69 percent stake in Mercedes-Benz owner Daimler, filings showed on Friday, an aggressive move designed to open the door for an industrial alliance between the two carmakers.
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February 23, 2018 at 11:42PM

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