Daimler-Benz sells Electrocom units
Daimler-Benz AG will sell its wholly-owned subsidiaries AEG Electrocom GmbH of Constance, Germany, and AEG Electrocom International Inc. of Irving, Texas, to Siemens Automation Div., Nuremberg, Germany. It said the moves will be effective retroactively from Jan. 1. With the sale, Daimler-Benz said...
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