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Apr 14
Daimler cuts links with Iran over political situation
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Daimler is to divest its 30% stake in an engine company in Iran as part of a wider review of links to the country.
The German carmaker’s chief executive, Dieter Zetsche, said Tehran’s political policies were behind the move.
“In view of the current political situation we have… extensively reassessed this business relationship,” Mr Zetsche said. Also at WSJ –
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