Germany: Daimler, Rolls-Royce launch Tognum offer

Daimler and Rolls-Royce Group have launched their previously announced voluntary public offer for the majority of Tognum AG through their 50:50 joint venture Engine Holding. In March, the two companies outlined plans to launch a public tender offer for 100% of the share capital of Tognum, a German off-highway engine Subscribe to Automotive World to … Continued

• By Webmaster
• April 6, 2011