Daimler Truck Holding AG has received the go-ahead to become a stand-alone company from the Board of Management and Supervisory Board of Daimler AG.
After the planned spinoff of Daimler Truck by the end of this year, shareholders of Daimler AG will hold a 65% stake in the new company, which will be listed on the stock exchange as an independent company. Daimler shareholders will get one additional share in Daimler Truck Holding AG for every two shares they hold in Daimler AG (OTC: DDAIF).
Daimler...
https://www.freightwaves.com/news/daimler-truck-spinoff-on-track-after-parent-companys-board-vote