Daimler Truck Shares Climb on Frankfurt Market Debut

Daimler Truck Shares Climb on Frankfurt Market Debut
The Daimler logo is seen before the carmaker's annual shareholder meeting in Berlin, Germany, on April 5, 2018. Hannibal Hanschke/Reuters
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FRANKFURT—Shares in Daimler Truck climbed on their Frankfurt market debut on Friday following the commercial vehicle maker’s long-awaited spin-off from Daimler AG.

The split was announced in February and pitched by the two companies as an opportunity to unlock value in both Daimler Truck and the owner of Mercedes-Benz passenger cars and vans.