Deutsche books 300 mln eur gain from Daimler sale

Newswire

FRANKFURT, July 28 (Reuters) - Deutsche Bank made a pretax gain of around 300 million euros ($362 million) by selling shares that reduced its stake in carmaker DaimlerChrysler to 6.9 percent from 10.4 percent, it said on Thursday. "With this transaction Deutsche Bank is continuing its policy of selling its remaining stakes in other listed companies," it said in a statement.

Premium Content (PAID Subscription Required)

"Deutsche books 300 mln eur gain from Daimler sale" 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!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
WardsAuto Blogs
Jul 1, 2014
blog

June 2014 U.S. Sales Thread (FINAL): Luxury Vehicles, Large Trucks Boost SAAR to 95-Month High

U.S. automakers dramatically outpaced expectations in June, raising the SAAR to its highest level since July 2006....More
Jul 1, 2014
blog

GM Blues, Sergio Walks the Line, 97-Month Loans

Where do you begin with the telling of these crazy stories?...More
Jun 27, 2014
blog

The Disconnect With Electric Cars 20

Automakers have spent billions of dollars, euros, and yen and won to produce EVs and FCVs, fervently hoping they’ll earn a return on that investment. So far they haven’t netted a nickel, and there’s nothing on the horizon to suggest they soon will....More

Sponsored Introduction Continue on to (or wait seconds) ×