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Geely Chair Li Shufu sells his stake in Daimler Truck

Published 03/17/2023, 07:35 AM
Updated 03/17/2023, 07:41 AM
© Reuters. FILE PHOTO: Members of the media stand beside an electric driven Actros truck at the booth of German truckmaker Daimler Truck at the IAA Transportation fair, which will open its doors to the public on September 20, 2022, in Hanover, Germany, September 19,

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

© Reuters. FILE PHOTO: Members of the media stand beside an electric driven Actros truck at the booth of German truckmaker Daimler Truck at the IAA Transportation fair, which will open its doors to the public on September 20, 2022, in Hanover, Germany, September 19, 2022. REUTERS/Fabian Bimmer

"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.

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