Deutsche to sell 2 pct stake in DaimlerChrysler

Newswire

FRANKFURT, Nov 22 (Reuters) - Deutsche Bank intends to place 20 million shares in DaimlerChrysler with investors, amounting to a roughly 2 percent stake in the carmaker, the bank said on Tuesday. DaimlerChrysler had just one 1 billion shares outstanding as of June 30, its website says. Deutsche was its second-biggest shareholder with a 6.9 percent stake as of the end of July.

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