Daimler AG and Rolls-Royce note speculation regarding a possible acquisition of Tognum AG in equal shares
OFFICIAL PRESS RELEASE
Stuttgart, Germany, Mar 07, 2011 – Daimler AG confirms that together with Rolls-Royce, it is in discussions about the possibility of acquiring the majority of Tognum AG in equal shares. Currently, constructive discussions with the Supervisory Board and Management Board of Tognum are being held. Daimler AG already owns a 28.4% equity interest in Tognum AG, a leading supplier of engines and powertrains for off-highway applications and of local power generators (off-highway business). No final decisions on increasing the equity interest have been made.
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