UK markets closed
  • FTSE 100

    7,017.47
    -135.96 (-1.90%)
     
  • FTSE 250

    22,324.19
    -210.95 (-0.94%)
     
  • AIM

    1,229.80
    -11.57 (-0.93%)
     
  • GBP/EUR

    1.1636
    -0.0053 (-0.46%)
     
  • GBP/USD

    1.3809
    -0.0115 (-0.83%)
     
  • BTC-GBP

    26,038.68
    -538.14 (-2.02%)
     
  • CMC Crypto 200

    888.52
    -51.42 (-5.47%)
     
  • S&P 500

    4,166.45
    -55.41 (-1.31%)
     
  • DOW

    33,290.08
    -533.37 (-1.58%)
     
  • CRUDE OIL

    71.50
    +0.46 (+0.65%)
     
  • GOLD FUTURES

    1,763.90
    -10.90 (-0.61%)
     
  • NIKKEI 225

    28,964.08
    -54.25 (-0.19%)
     
  • HANG SENG

    28,801.27
    +242.68 (+0.85%)
     
  • DAX

    15,448.04
    -279.63 (-1.78%)
     
  • CAC 40

    6,569.16
    -97.10 (-1.46%)
     

Daimler may fetch up to $1.2 billion in showroom sale - Handelsblatt

  • Oops!
    Something went wrong.
    Please try again later.
FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin,
  • Oops!
    Something went wrong.
    Please try again later.

FRANKFURT (Reuters) - Daimler plans to significantly reduce the number of showrooms and service sites it owns in Europe in a deal that could fetch up to 1 billion euros ($1.2 billion), German business daily Handelsblatt reported, citing industry sources.

About 25 showrooms and service sites in Britain, Spain and Belgium with about 2,800 employees are up for sale, Handelsblatt said, citing Daimler.

($1 = 0.8223 euros)

(Reporting by Christoph Steitz, editing by Thomas Escritt)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting