UPDATE 1-Kamaz stock jumps as Daimler eyes bigger stake

Newswire

* Daimler has option to raise stake to 23 pct * Kamaz stock jumps 15 percent (Adds quote, background) MOSCOW, Oct 30 (Reuters) - Germany's Daimler has applied to the Russian competition regulator for permission to increase its stake in truckmaker Kamaz , Russian news agency Interfax said on Friday, citing the regulator's chief. Shares in Kamaz jumped 15 percent on the news. The German car maker has an option to increase its 10 percent stake to 23 percent but it was not clear if it ...

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