Daimler and BYD restructure DENZA joint venture to 10:90 : v

Daimler and BYD restructure DENZA joint venture to 10:90

Daimler Greater China Ltd. and its long-term Chinese partner BYD Auto Industry Co., Ltd. (BYD) signed an equity transfer agreement to realign the structural setup of their originally 50:50 joint venture Shenzhen DENZA New Energy Automotive Co., Ltd. (DENZA). (Earlier post.) Both partners intend to complete an equity transfer in...

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