Germany: Daimler boosts Tognum holding

Daimler and Rolls-Royce Group have acquired additional shares in German offroad engine specialist Tognum equivalent to 0.83% of its equity. Upon completion of the public tender offer, the two companies will have acquired at least 95% of Tognum’s shares. Under German takeover law, this will extend the offer period for Subscribe to Automotive World to … Continued

• By Webmaster
• August 11, 2011