The rumors surrounding a possible marriage between German giant Daimler and French manufacturer Renault are increasing in intensity, as a supposed acquisition of Renault stock from Daimler’s part is said to come as soon as next week. According to Autonews, Daimler is eyeing, for start at least, a small 3 percent ownership in the French manufacturer.
To avoid spending cash for the operation and calm down investors over the 2009 lack of a dividend, Daimler is said to be using treasury shares.
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