Geely Chair Li Shufu sells his stake in Daimler Truck

FILE PHOTO: Trucks at the IAA Transportation fair in Hanover

BERLIN (Reuters) – Tenaciou3 Prospect Investment has sold its entire stake in Daimler Truck, a Daimler Truck spokesperson said on Friday.

“We can confirm that … investor Tenaciou3 Prospect Investment Ltd has sold its shares in Daimler Truck Holding AG. We will not comment further,” the spokesperson said.

Tenaciou3 Prospect Investment is controlled by Chinese automotive group Geely’s chairperson Li Shufu.

(Reporting by Victoria Waldersee, writing by Marie Mannes, editing by Anna Ringstrom)

Related posts

Spirit Christmas expands New Jersey holiday pop-ups with new 2025 locations including Toms River

Flight attendant age discrimination suit moves forward in New Jersey court against United Airlines

Judge tosses inmate’s civil rights suit against Gov. Murphy over confinement claims