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Worthington Industries buys stake in fuel-systems maker dHybrid
2014-10-22 09:20:26| Steel - Topix.net
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Tags: industries
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AkzoNobel to Divest 50 Percent Stake in Eka Synthomer Oy Joint Venture
2014-10-22 07:00:00| Coatings World Breaking News
Eka name to remain part of AkzoNobel's Specialty Chemicals business
Tags: percent
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stake
Daimler AG Sells 4-Percent Stake In Tesla For $780-Million; Shares Fall
2014-10-22 04:33:23| Auto Dealers - Topix.net
CBS San Francisco Connect With Us At KPIX 5 PROGRAM GUIDE: KPIX 5 TV Schedule WATCH: A Glimpse Inside The Working KPIX 5 Newsroom Breaking News Send news tips, video & photos, and video to the KPIX 5 [...] CONNECT WITH KCBS Welcome to KCBS All News 740AM & 106.9FM on CBSSanFrancisco.com! LIKE KCBS Radio On Facebook: KCBS is the Bay Area's only all news station, serving listeners with local, national and world news around the clock, [...] PALO ALTO - Daimler AG says it has sold its 4 percent stake in electric car maker Tesla for $780 million. The Germany-based parent of Mercedes-Benz says its partnership with Tesla Motors Inc. is unaffected.
UPDATE 1-Daimler sees $780 million windfall from sale of Tesla stake
2014-10-22 03:13:11| Automakers - Topix.net
Daimler AG said on Tuesday it would book a $780 million windfall from selling its 4 percent stake in rival electric car maker Tesla Motors Inc . The stake sale comes as a surprise, even though the Stuttgart-based maker of Mercedes-Benz cars insisted that a technological cooperation deal between the two carmakers remains unchanged.
Tags: sale
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Daimler sees $780 million windfall from sale of Tesla stake
2014-10-22 00:39:14| Auto Dealers - Topix.net
Daimler AG on Tuesday said it would book a $780 million windfall from selling its 4 percent stake in rival electric car maker Tesla Motors Inc. A cooperation agreement to supply Mercedes-Benz cars with Tesla battery technology will remain unaffected by the sale, Daimler CEO Dieter Zetsche said in a statement . The sale of Daimler's stake in Tesla will result in a cash inflow of around $780 million, boosting earnings before interest and taxes by a similar amount for 2014.
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