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BRIEF-BAIC Motor Corp enters capital increase agreement​ with Daimler Greater China
November 10, 2017 / 11:43 AM / 14 days ago

BRIEF-BAIC Motor Corp enters capital increase agreement​ with Daimler Greater China

Nov 10 (Reuters) - BAIC Motor Corp Ltd:

* Company and Daimler Greater China entered into capital increase agreement​

* Co and Daimler Greater China to contribute an aggregate amount of RMB400 million to Mercedes-Benz Leasing​

* ‍DGRC will contribute 65% of amount under capital increase, while co will contribute 35% of amount under capital increase​ Source text for Eikon: Further company coverage:

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