Thursday, July 12, 2007

UPDATE 1-BMW sells Brazilian motor venture stake to Chrysler

(Reuters) - It gave no financial details for the deal, which requires
regulatory approval.




"Chrysler Group has assumed the responsibility for exploring
long-term options for the Tritec operations whereby all possible
alternatives for continuing the business for the long run are
under analysis. This may include a sale of the facility to a
third party," it said in a statement.


Read more at Reuters.com Mergers News

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