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Mercedes to sell part of €12 Billion Daimler Truck stake

Daimler Truck’s stock fell as much as 2.7% in Frankfurt today

Bloomberg News

Mercedes-Benz Group AG plans to sell some of its stake in Daimler Truck Holding AG to raise funds as it grapples with weakening sales and margins. The luxury-car maker will offload part of its roughly 35% holding in the truck and bus manufacturer this year, Chief Financial Officer Harald Wilhelm said Thursday. The entire stake is worth […]

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