Business

Daimler acquires EQT's stake in Tognum

By 2008-04-30T14:19:00

TOGNUM: Private equity group EQT is to sell its remaining 22·3% stake in diesel engine manufacturer Tognum AG to Daimler AG. The Daimler board approved the €585m deal on April 30, and it is expected to be completed in the third quarter of this year, subject to regulatory approval.

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