Daimler to spin off truck unit, sharpen investor focus on Mercedes-Benz
https://www.reuters.com/article/us-daimler-trucks-divestiture/daimler-to-spin-off-truck-unit-sharpen-investor-focus-on-mercedes-benz-idUSKBN2A329T
German carmaker Daimler said on Wednesday it plans to spin off Daimler Truck, the world's largest truck and bus maker, as it seeks to increase its investor appeal as a focused electric, luxury car business, sending its shares up nearly 9%.
Daimler to spin off truck unit, sharpen investor focus on Mercedes-Benz
Feb 3, 2021, 6:27pm UTC
https://www.reuters.com/article/us-daimler-trucks-divestiture/daimler-to-spin-off-truck-unit-sharpen-investor-focus-on-mercedes-benz-idUSKBN2A329T
>German carmaker Daimler said on Wednesday it plans to spin off Daimler Truck, the world's largest truck and bus maker, as it seeks to increase its investor appeal as a focused electric, luxury car business, sending its shares up nearly 9%.