Seeking Alpha

Sale of JV stake to bring in $3.36B for Daimler

  • Daimler (DDAIF) will take in a cash haul of €2.43B ($3.36B) for the sale of its 50% stake in an engine joint venture.
  • The German automaker is selling its stake to partner Rolls-Royce (RRCEF, BAMXY).
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs