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Showing posts with label Daimler. Show all posts
Showing posts with label Daimler. Show all posts

March 09, 2014

Rolls-Royce to buy Daimler stake of power systems unit with cash, borrowing

LONDON (Reuters) - British engineering company Rolls-Royce said on Friday it would fund the purchase of German carmaker Daimler's 50 percent stake of a jointly owned power systems company using cash and some borrowing.