Daimler should expect strategic investor - funds

Newswire

STUTTGART, Germany, July 29 (Reuters) - Daimler should expect a powerful investor to take a big stake given the German carmaker's depressed share price and attractive business portfolio, fund managers invested in the stock told Reuters. "I think it is absolutely conceivable that a strategic investor takes a stake in Daimler because Daimler has a large free float and no protective large shareholder," said Ingo Speich at Union Investment. "I think a complete takeover is unlikely. It is ...

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