FILE PHOTO 30MAR99 - A File Photo shows Joachim Milberg, chairman of German car manufacturer BMW AG, posing in a BMW Z3 roadster ahead of an annual news conference in Munich. German luxury car maker BMW AG denied on Sunday that its dominant shareholder, the Quandt family, was poised to sell its stake in the company. The BMW annual shareholder meeting will take place tomorrow, May 16 in Munich.

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