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India: Daimler sells Tata stake

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 It’s time to log in … 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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