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Stock Market & Financial Investment News

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April 16, 2014
06:30 EDTDDAIF, RYCEYDaimler, Rolls-Royce price stake at EUR2.43B
Daimler AG (DDAIF) and Rolls-Royce (RYCEY) announce that they have agreed on the valuation of Daimler’s 50% equity interest in the joint venture Rolls-Royce Power Systems Holding Ltd. Both parties have determined the fair market value of Daimler’s shares due to be acquired by Rolls-Royce at a total of EUR 2.43B. The transaction is expected to close within this year and is subject to the usual regulatory approvals. Daimler will recognize the financial impact at the time of closing.
News For DDAIF;RYCEY From The Last 14 Days
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August 20, 2014
06:16 EDTDDAIFHitachi among auto-part makers fined by China, WSJ reports
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August 18, 2014
06:37 EDTDDAIFReport says Mercedes-Benz at fault for price-fixing in China, Reuters says
China's News agency Xinhua reported that the Jiangsu Province Price Bureau found Daimler's Mercedes-Benz responsible for charges which accused the company of fixing prices for after-sales services in the country, according to Reuters, citing the report. Reference Link

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