Daimler to buy stake in Russian truck maker

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Daimler to buy stake in Russian truck maker
Oluşturulma Tarihi: Aralık 13, 2008 00:00

MOSCOW - Daimler is buying a 10 percent stake in Russian truck maker Kamaz under a $300 million deal signed Friday, the head of the German company's truck division and other officials involved said.

The purchase is part of a strategic cooperation agreement bringing together Daimler, Kamaz and two of the truck company's shareholders, state-owned conglomerate Russian Technologies and Troika Dialog.

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