Daimler Keeps Its Stake in EADS

Following a meeting at Germany’s Federal Chancellery on March 16, German group Daimler and a consortium of investors decided for the carmaker to continue to maintain its 22.5 percent voting rights in the European Aeronautic Defence and Space Company (EADS), with an economic interest of 15 percent. The announcement means the balance of voting rights between German and French shareholders remains unchanged.

The confirmation of the voting-rights structure gives EADS the stability to consistently… (read more)