Germany: Daimler, Rolls-Royce secure Tognum control

Daimler and Rolls-Royce Holding have announced that they have secured 94.17% of shares in German offroad engine specialist Tognum following their successful tender offer. During the extended offer period, further shareholders representing 35.82% of Tognum’s share capital have tendered their shares into the offer made by the companies’ joint venture Subscribe to Automotive World to … Continued

• By Webmaster
• June 27, 2011