Sameer Al Ansari said,
"The information is correct. Dubai International Capital is bidding to buy DaimlerChrysler's diesel engine unit. The deal has not been finalized yet but Dubai International Capital is one of the three final bidders."
The CEO of Dubai International Capital said that an official announcement will be made by the entity if the negotiations are finalized.
The final announcement for the bid will be made by the end of November.
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Posted by Lara Lynn Golden, News Editor
