Geely founder not to chase more auto deals after firming up stakes in Daimler

Geely founder not to chase more auto deals after firming up stakes in Daimler

Li Shufu. Photographer: Charles Pertwee/Bloomberg

Li Shufu, the founder and main owner of China’s Geely, has no plans to buy further stakes in carmakers after building up a holding of almost 10 percent in Germany’s Daimler, he told a German newspaper.

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