BMW and Daimler Plan Share Swap

Mar 09, 2009 1 Replies

Automotive News [AN, sub] is reporting that Der Spiegel is reporting that German automakers BMW and Daimler are planning on exchanging seven percent of each other's shares. Daimler's motivations seem clear enough; it's been looking for a way to end its status as takeover bait for over a decade. (If you remember, the possibility of [...] Read More:

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I don't recall ever reading about anyone trying to take over Mercedes/Daimler Benz.

The blogger must be speculating. People seem to forget that the company is very large, building vast numbers of lorries and buses as well.

DAS

To send an e-mail directly replace "spam" with "schmetterling"

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