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Rolls-Royce to buy Daimler's share of Tognum

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Daimler has agreed to sell its 50% share of German propulsion systems specialist Tognum to its venture partner Rolls-Royce in an agreement that could be worth around GBP1.9 billion (USD3.2 billion), it emerged on 7 March. Rolls-Royce said in a statement that it welcomed Daimler's decision to

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