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DaimlerChrysler says to sell Mitsubishi stake

STUTTGART, Germany, April 22 (Reuters) - DaimlerChrysler AG said on Thursday it was planning to sell its 37 percent stake in Mitsubishi Motors after deciding not to back a capital increase at the ailing Japanese automaker.

"This clearly means separation," a DaimlerChrysler spokesman said. Until the sale is complete, the Mitsubishi investment will be booked as discontinued business in DaimlerChrysler accounts.