Nissan sells its Daimler stake, following Renault

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By Vivian in Business
Updated 3 years ago

Japan's Nissan Motor (7201.T) said on Tuesday it was selling its roughly 1.5% stake in German carmaker Daimler (DAIGn.DE) through an accelerated bookbuild offer, following a similar move by alliance partner Renault (RENA.PA) in March. The French carmaker, with Nissan, had exchanged stakes with Daimler a decade ago to strengthen...

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