--Daimler is nearing a deal to sell a 50% stake in its Smart division to China's Geely, its largest shareholder, the Financial Times reports citing three people familiar with the matter.

--Confirmation of the sale should come before the Shanghai Auto Show in April, according to one of the sources.

Full story: https://on.ft.com/2Wpx0Dj

Write to Barcelona editors at barcelonaeditors@dowjones.com

(END) Dow Jones Newswires

March 27, 2019 02:46 ET (06:46 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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