Nissan to sell 16.4 million Daimler shares


In this news, we discuss the Nissan to sell 16.4 million Daimler shares.

FRANKFURT (Tech News Update) – Nissan Motor is selling 16.4 million shares in German carmaker Daimler through an accelerated bookbuild offer, it said on Tuesday.

Investors were guided to expect pricing near Tuesday’s closing price of 72.41 euros a share, a bookrunner organising the deal said. Bank of America and Societe Generale are organising the block trade.

Reporting by Arno Schuetze; Editing by David Goodman

(This story has not been edited by Bollyinside staff and is auto-generated from a syndicated feed.)

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