Author: melaniepartin

Go-ahead for Mercedes-Benz Cars and Daimler Truck as independent companies by Board of Management and Supervisory Board

Daimler shareholders will receive one additional Daimler Truck Holding AG share for every two shares held Daimler will retain a minority stake of 35% in Daimler Truck Holding AG, of which a stake of 5% will be transferred to the Daimler Pension Trust Daimler commits to Daimler Truck Holding AG’s independence and sound capitalization Target of an investment-grade rating and a DAX listing for Daimler Truck Holding AG An extraordinary general meeting is planned for 1 October 2021 Initial listing of Daimler Truck Holding AG targeted for year’s end The Board of Management and Supervisory Board of Daimler AG (ticker ... Read more