FILE PHOTO: Fiat Chrysler CEO Sergio Marchionne answers questions from the media during the FCA Investors Day at the Chrysler World Headquarters in Auburn Hills, Michigan, U.S., on May 6, 2014. REUTERS/Rebecca Cook/File Photo
As it turns out, Daimler AG wasn’t the only belle of the ball.
Li Shufu and his Zhejiang Geely Holding Group Co. held informal talks about a potential takeover of Fiat Chrysler Automobiles NV before China’s biggest private automaker turned its attention toward Daimler AG, according to people familiar with the matter.
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