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Split-up: Daimler to float its truck division on the stock exchange

Source: Stuttgarter Zeitung und Stuttgarter Nachrichten (Glomex)

Stuttgart-based automaker Daimler plans to float its truck and bus division called Daimler Truck on the Frankfurt Stock Exchange by the end of this year at the latest. The rest of the company's passenger car and van business, which operates under the Mercedes-Benz brand, will remain as an independent company. Andreas Schröder, Head of the Business Department, explains the automaker's move in a video.

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