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...But this is what Daimler, the German car and truckmaker, has just done with Tognum (the former MTU Friedrichshafen)....
...But it is what Daimler, the German car and truck maker, has done with Tognum (former MTU Friedrichshafen)....
...KKR bought sister company MTU Aero Engines from Daimler two years ago, before floating the business in the summer. Completion of the MTU Friedrichshafen sale is expected in the first quarter of 2006....
...Gains for European carmakers were led by Germany’s DaimlerChrysler, which climbed 1.3 per cent to €43.37 after it announced it was selling its MTU Friedrichshafen heavy diesel engine division to EQT, the...
...MAN, the German industrial group, confirmed on Wednesday that it had pulled out of a bid to buy MTU Friedrichshafen from DaimlerChrysler because of disagreement among minority shareholders....
...MAN, the German industrial group, is in exclusive talks with DaimlerChrysler to buy MTU Friedrichshafen, the diesel engine unit, despite potential interest from US private equity groups....
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