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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.

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