German state agrees to buy EADS stake from Daimler

Newswire

FRANKFURT, Nov 10 (Reuters) - Daimler and the German government agreed that state-controlled development bank KfW will buy a 7.5 percent stake in EADS from the German carmaker, Daimler said on Thursday.

A letter of intent is to be signed by KfW and Daimler before the end of the year, and the sale will take place in ...

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