Daimler AG and Russia’s largest investment bank, Troika Dialog, have signed a memorandum of understanding to increase Daimler’s stake in Russia’s largest truck manufacturer, Kamskiy avtomobilny zavod, by the acquisition of 5% of the Kamaz shares held by Troika Dialog. The price of the transaction was not disclosed. Kamaz has about 50,000 employees and $1 [...]
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