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 effect on its EBIT of approximately €265m and will be accounted for in the first quarter of Subscribe to Automotive World to … Continued
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 effect on its EBIT of approximately €265m and will be accounted for in the first quarter of
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https://www.automotiveworld.com/articles/81150-india-daimler-sells-tata-stake/
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