BEIJING (Reuters). Daimler AG (DE) and BYD Co (OTC) Ltd, its Chinese partner, have entered into an equity transfer arrangement to restructure China’s EV-venture Denza. Daimler (OTC) posted the agreement on its website. Daimler stated that its stake in Denza would be reduced by 10% and BYD would retain the remaining 90% equity after the transfer. BYD currently boosts premium electric models in order to compete against Tesla (NASDAQ:) or Nio (NYSE. Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including…