Off-Highway business unit sold

  • Date
    28 December 2005
  • Description
    DaimlerChrysler announces its decision to sell the Off-Highway business unit to the Swedish investment group EQT, subject to the approval of the German Antitrust Office and the Federal Ministry of Economic Affairs. With a price tag of € 1.6 billion, the transaction includes MTU Friedrichshafen GmbH and the off-highway activities of Detroit Diesel Corporation.
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