Daimler to sell Tata stake
Daimler is to sell its entire stake in India's Tata Motors to raise up to £284m, according to news agency Reuters.

 

Daimler owns 5.34% of Tata. Media reports in India had earlier speculated that the German carmaker would look to exit its long-held stake in Tata Motors.

A Daimler official declined to comment on the reported share sale.

 

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