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Daimler Strategic Overhaul Latest News

Daimler may split parts of its business into separate legal entities in an overhaul, its Chief Executive Dieter Zetsche said, although the car and truck maker ruled out major divestments for now. Separating Daimler's divisions could unlock value, with trucks and buses on their own worth 31 billion euros ($36 billion), analysts at Evercore ISI said in a note.

Daimler Considers Legal Split In Strategic Overhaul

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