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Iran: Daimler divests holding in Iranian engine firm

Wednesday, April 14, 2010,

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

AutomotiveWorld.com

Daimler has announced that it will divest its 30% stake in Iranian Diesel Engine Manufacturing, a subsidiary of Iran Khodro Diesel. Daimler's chief executive officer Dieter Zetsche has attributed this...

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Published on Wednesday, April 14, 2010

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