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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