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For example, in 2022 Mercedes Benz spun off its truck and bus...

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    For example, in 2022 Mercedes Benz spun off its truck and bus division into Daimler Truck.The Mercedes shareholders approved this.After the IPO of Daimler Truck, Mercedes Benz, as the largest single shareholder, held 35% of Daimler Truck.These 35% of the shares were distributed to the Mercedes Benz shareholders on a pro rata basis.This is also logical for me, because an asset was spun off.
 
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