Deliver Your News to the World

Daimler AG and Rolls-Royce note speculation regarding a possible acquisition of Tognum AG in equal shares


WEBWIRE

Stuttgart/Germany - Daimler AG confirms that together with Rolls-Royce, it is in discussions about the possibility of acquiring the majority of Tognum AG in equal shares.

Currently, constructive discussions with the Supervisory Board and Management Board of Tognum are being held. Daimler AG already owns a 28.4 percent equity interest in Tognum AG, a leading supplier of engines and powertrains for off-highway applications and of local power generators (off-highway business).
No final decisions on increasing the equity interest have been made.



WebWireID133366





This news content was configured by WebWire editorial staff. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.