Mercedes-Benz sells stake in Russian truckmaker Kamaz

FRANKFURT, (Reuters) – Mercedes-Benz Group on Thursday said it had sold its stake in Russian truckmaker Kamaz in a transaction that was completed this month after securing all necessary regulatory approvals.

Mercedes-Benz did not disclose the price of the transaction or the buyer.

Reporting by Ilona Wissenbach and Alexander Marrow; editing by Jason Neely.