Daimler would welcome Chinese shareholders: CFO to media
Daimler would welcome having Chinese investors as shareholders and will itself remain a major owner of aerospace giant EADS, the German carmaker's Chief Financial Officer was quoted as saying.
Bodo Uebber told Boersen-Zeitung on Saturday that Daimler was well positioned in China given its joint ventures there for vans, trucks and passenger cars.
It would be even better of course if shareholders from China were eventually represented in our shareholder structure, he said, adding that matter can be tackled in the long-term.
I can well imagine having big shareholders from China, but we are not planning in the foreseeable future to get another anchor shareholder on the scale of Kuwait and Abu Dhabi.
The state-owned Kuwait Investment Authority holds 6.9 percent stake in Daimler. Another 9.08 percent is in the hands of Abu Dhabi's Semare Beteiligungsverwaltungs GmbH.
Uebber said Daimler expects to sell over 100,000 vehicles in China this year, up from 70,000 units last year.
Uebber said Daimler will remain a major shareholder in EADS despite financial burdens stemming from the aerospace group, according to a prerelease of a separate interview with Sunday paper Welt am Sonntag.
Daimler holds a 15 percent stake in EADS and 22.5 percent of its voting rights.
Uebber said a weak euro is good for EADS in the long term because the company produces in the euro zone while many of its aircraft are sold in dollars.
(editing by John Stonestreet)