This post was originally published on this site
https://i-invdn-com.investing.com/trkd-images/LYNXMPEI8M0CG_L.jpg
BERLIN (Reuters) – Mercedes-Benz is not currently looking at acquisitions as a means to carry out its strategy of repositioning the carmaker as a luxury firm, chief executive Ola Kaellenius said on Friday.
“There are no acquisitions on the cards,” Kaellenius said in response to a question over whether Mercedes-Benz Vans’ newly announced partnership with electric van maker Rivian could be a first step to a takeover.
