Quandt Family nixes BMW and Daimler 7% share swapping deal


Germany’s Der Spiegel first reported today that Daimler and BMW would acquire a 7% stake in each other, but now the same newspaper is reporting that the Quandt family, BMW’s biggest shareholder with a 46% controlling stake, has quashed the deal over fears Daimler may attempt a takeover.
Read More



Other article:
BMW to Enter Small Petrol Turbo Engine Fray
Final Current-Generation BMW Z4 Rolls off Production Line

Related Posts

ADBLOCK DETECTED!

You are running an AdBlock extension in your browser!
If you wish to continue please disable AdBlock for this website.
Subscribe Our Newsletter