Ads by Google

Deutsche Bank sells remaining stake in Daimler

Deutsche Bank AG, a retail and commercial bank in Germany, has sold its remaining stake in Daimler AG, a manufacturer and distributor of passenger cars, trucks, vans and buses.

Deal Type    Acquisition
Sub-Category Minority Acquisition
Deal Status  Completed: 2009-10-29

Deal Participants

Target (Company)   Daimler AG (formerly DaimlerChrysler AG)
Acquirer (Company) Undisclosed Acquirers
Vendor (Company)   Deutsche Bank AG

Copyright (C) 2009 Datamonitor Financial Deals Tracker. All rights reserved

News Provided by COMTEX


Related terms: acquisition, bank, commercial, distributor, germany, manufacturer, retail

Related Articles

DryShips Pricing of Convertible Senior Notes
19 hours 52 minutes ago
...notes, the company has entered...agreement with Deutsche Bank AG, London...will loan to Deutsche Bank AG 26.1 million...stock. The company has also...to which Deutsche Bank AG or its affiliates...shares of the company's common...

Wilton Brands CEO Resigns
Oct 26, 2009
...Wilton's parent company Wilton Holdings Inc...Partners L.P. and Deutsche Bank Trust Company Americas. These were...and took over the company in exchange for recapitalization...TowerBrook and Deutsche Bank therefore withdrew the...

Deutsche Bank profit more than triples in Q3
Oct 29, 2009
...Associated Press Deutsche Bank profit more...AP) -- Deutsche Bank AG, Germany's...28.09 The company made...figures that Deutsche Bank released earlier...in automaker Daimler AG, which...

Deutsche Bank affiliate files for casino license as full owner of Cosmopolitan
Nov 4, 2009
Deutsche Bank affiliate files for casino license as full owner of Cosmopolitan News from LexisNexis Arnold M. Knightly -- Las Vegas Review-Journal (Nevada), November 4, 2009 Wednesday