UPDATE 1-M'bishi Fuso sells real estate for $1.4 bln-source

Newswire

(Adds background) TOKYO, June 27 (Reuters) - Mitsubishi Fuso Truck and Bus Corp., the Japanese truck unit of DaimlerChrysler AG , has sold 180 real estate properties in Japan in a deal valued at $1.4 billion, according to a market source. The unlisted truck maker, held 85 percent by DaimlerChrysler, said it would use the proceeds from the sale for investments and to repay debt. It declined to disclose the value of the transaction or to name the buyer. The properties, mainly containing ...

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