Nissan Dumping Stake in Daimler

On Tuesday, Nissan Motor Co. announced that it would be selling its shares of Daimler AG. The Japanese firm owns about 1.5 percent of Germany’s oldest automaker and the move is something many were predicting after Renault did the same in March. Nissan’s offloading will mimic its partners and likewise use an accelerated bookbuild offer that […]

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via Autobuzz Today

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