Russia says Daimler has not asked to up Kamaz stake

Newswire

MOSCOW, Oct 30 (Reuters) - Germany's Daimler has not applied for approval to increase its stake in loss-making Russian truck maker Kamaz , Russia's anti-monopoly service told Reuters, disproving earlier media reports. "There is no request to buy a stake in Kamaz," Irina Kashunina, spokeswoman for the service, said on Friday. "But there is a request from a company...affiliated to Daimler to increase a stake in Fuso KAMAZ Trucks Rus," she added, referring to a joint venture between Kamaz ...

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