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Mercedes-Benz sells stake in Russian truckmaker Kamaz

By Thomson Reuters Feb 15, 2024 | 2:18 AM

FRANKFURT (Reuters) – Mercedes-Benz Group on Thursday said it had sold its stake in Russian truckmaker Kamaz in a transaction that was completed this month after securing all necessary regulatory approvals.

Mercedes-Benz did not disclose the price of the transaction or the buyer.

(Reporting by Ilona Wissenbach and Alexander Marrow; editing by Jason Neely)