Daimler no hostile takeover target -CEO in paper

Newswire

FRANKFURT, Feb 26 (Reuters) - DaimlerChrysler is not a candidate for a hostile takeover despite a decline in its market capitalisation over recent years, Chief Executive Dieter Zetsche told a Swiss newspaper on Sunday. "At around 50 billion euros ($59 billion), the company has considerable weight in the automobile industry. We're No. 2 in market capitalisation," Zetsche told Switzerland's Neue Zuercher Zeitung in an interview in the newspaper's Sunday edition. "I consider it highly ...

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