Major DaimlerChrysler shareholders approached for buyout

Dealing with unhappy shareholders is nothing new for the execs for DaimlerChrysler even since acquiring the Chrysler Group. The Financial Times reports that private equity firms have approached some of the largest DCX shareholders about purchasing their stakes in a bid to breakup the company. Both major shareholders, Deutsche Bank and the Kuwait Investment Authority, have been approached several times to sell and both have rejected the offers. Mutiny’s afoot.

By avant1963@cheersandgears.com
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Dealing with unhappy shareholders is nothing new for the execs for DaimlerChrysler even since acquiring the
Chrysler Group. The Financial Times reports that private equity firms have approached some of the largest DCX
shareholders about purchasing their stakes in a bid to breakup the company. Both major shareholders, Deutsche Bank and
the Kuwait Investment Authority, have been approached several times to sell and both have rejected the offers. Mutiny’s
afoot.