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Did Geely Successfully Acquire Mercedes-Benz?

1 Answers

KeiraMarie

07/29/25 5:47pm

Geely did not acquire Mercedes-Benz. Daimler "politely declined" Geely's acquisition proposal but welcomed its purchase of shares in the open market. Subsequently, Geely chose to increase its stake by acquiring existing shares. Below is additional information: Daimler Group: As a pivotal company in the history of the global automotive industry, Daimler Group is the world's largest commercial vehicle manufacturer, the top luxury car producer, and the second-largest truck manufacturer. Geely: As China's most internationalized automaker, Geely boasts an impressive track record of overseas mergers and acquisitions. Brands like Volvo and Proton have achieved significant growth after partnering with Geely.

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