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China Investment Fund Reportedly Interested in Acquiring a 4-10 Percent Stake in Daimler

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The China Investment Corp. fund may acquire a stake at Daimler AG, the parent company of Mercedes-Benz, according to a report posted on China's state-run People’s Daily website.

The report, which was absent from the print edition of the Chinese news agency, cited an unidentified Internet posting claiming that the fund was interested in acquiring a holding between 4 and 10 percent in Daimler.

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