FRANKFURT, March 31 (Reuters) - DaimlerChrysler AG could receive up to $9 billion for the sale of its U.S.-based Chrysler division, a German newspaper reported on Saturday. The Welt am Sonntag, in an advance report, cited sources close to the negotiations as saying the sale could reap "between $6 to $9 billion". Private equity firms had put the division's value near $5 billion. The newspaper reported private equity firm Cerberus Capital Management [CBS.UL] had lodged a bid for Chrysler ...
Premium Content (PAID Subscription Required)
"Chrysler could be worth $6 to $9 billion-newspaper" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.