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Russia: Daimler boosts KamAZ stake

Daimler has signed a memorandum of understanding to acquire an additional 1% of Russian OEM KamAZ from Troika Dialog, boosting its total stake to 11%. Daimler Trucks already has a 10% stake in KamAZ, which it acquired in late 2008. “This is not only a strategically important step for Daimler Trucks, It’s time to log … Continued

Daimler has signed a memorandum of understanding to acquire an additional 1% of Russian OEM KamAZ from Troika Dialog, boosting its total stake to 11%. Daimler Trucks already has a 10% stake in KamAZ, which it acquired in late 2008.

“This is not only a strategically important step for Daimler Trucks,

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