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Daimler takeover - round two |
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Stories are beginning to surface again about the likelihood that Mercedes' parent company Daimler will lose its independence. Earlier this month, other takeovers in Germany focused a spotlight on Daimler's situation. Currently the German carmaker has lost 45 percent of its value over the last year, but it still has 9 billion ($13.2 billion) in liquidity – a combination that makes it a perfect storm for unwelcome new owners. A spokeswoman for Daimler said: “We do not see ourselves as a (...) Permalink | Comments
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