Ballard Power shareholders OK sale of German unit


(In U.S. dollars unless noted) TORONTO, Aug 29 (Reuters) - Ballard Power Systems Inc. said on Monday its shareholders had approved the sale of the fuel-cell developer's German subsidiary to automakers DaimlerChrysler and Ford Motor Co . The sale was part of a restructuring of Ballard's relationship with the automakers, which both have stakes in the Canadian company. Ballard first announced the deal last year. Ballard has said selling the unit it bought in 2001 will cut annual cash ...

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