Daimler Truck, the world’s largest maker of commercial vehicles, began trading on the Frankfurt Stock Exchange on Friday, completing a split-off from Daimler AG.
The long-awaited independence, first discussed in 2014, was a stock listing rather than an initial public offering. Daimler AG, the parent company of luxury passenger carmaker Mercedes-Benz, retains ownership of 35% of Daimler Truck. Shareholders in Daimler received one share in Daimler Truck for every two Daimler AG (OTC: DDAIF) shares...
https://www.freightwaves.com/news/daimler-truck-begins-trading-in-germany-as-stand-alone-company