Daimler CFO plans no large buys for now -paper

Newswire

FRANKFURT, June 25 (Reuters) - German carmaker Daimler is not looking to make any large purchases for the time being and is also not planning to venture into new business areas after buying into engine-maker Tognum , its CFO said. "At the moment we are not planning any major takeovers," Daimler's finance chief Bodo Uebber told Boersen-Zeitung in an interview published on Saturday, adding that the company was well-positioned in regard to mergers and acquisitions as well as cooperating with ...

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