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India: Daimler sells Tata stake

Tuesday, March 09, 2010,

Tags: Corporate Finance, Daimler AG, Joint Ventures, OEM Strategy, Tata Motors.

AutomotiveWorld.com

Daimler has sold its 5.34% stake in Tata Motors to various groups of investors through the capital market, yielding a cash inflow of €300m (US$407.7m). Daimler says the sale will have a positive eff...

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Published on Tuesday, March 09, 2010

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