Thursday, April 12, 2007

WestLB temporarily holds 14 pct of DaimlerChrysler

(Reuters) - FRANKFURT, April 12 - German regional state bank WestLB [WDLG.UL] has temporarily amassed a 14.0 percent voting stake in DaimlerChrysler , the U.S-German carmaker said on Thursday.

The bank previously held below 3 percent of Daimler, which is currently holding talks with potential bidders for Chrysler that could result in an eventual disposal of its loss-making U.S. unit.


Read more at Reuters.com Mergers News

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