Deutsche reorganises but maintains Daimler stake

Newswire

FRANKFURT, June 17 (Reuters) - Deutsche Bank's stake in DaimlerChrysler remains unchanged despite an internal securities-lending transaction at the bank, the German-American carmaker said on Friday. In a legal notice published on Friday, DaimlerChrysler said Deutsche unit DB Value GmbH's voting stake in the group had fallen below the 10-percent reporting threshold on June 8 and now stood at 6.45 percent. But Deutsche had also informed it that the drop resulted from internal securities ...

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