German automotive manufacturer Daimler is proceeding with its proposed sale of a large portion of EADS shares to the German government, following Wednesday’s collapse of merger talks between EADS and BAE Systems.
German automotive manufacturer Daimler is proceeding with its proposed sale of a large portion of EADS shares to the German government, following Wednesday’s collapse of merger talks between EADS and BAE Systems (ATW Daily News, Oct. 10). Daimler holds 15% of EADS shares and has been in negotiation to sell half of these to the government since November 2011. It has already sold a further 7.5% of EADS shares to a banking consortium. Daimler decided some time ago to divest its EADS ...
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