DaimlerChrysler launches 6.5 billion euros jumbo issue

Article Abstract:

DaimlerChrysler AG has launched a four-tranche jumbo stock issue on the Eurobond market. The car maker's issue is valued at 6.5 billion euros.

Motor Vehicles and Equipment, DCX

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DaimlerChrysler stock is luring hedge funds

Article Abstract:

DaimlerChrysler AG of Germany is experiencing heavy investment by hedge funds sparking fears of a management revolt which may be unfounded. Stocks have rallied, increasing 40 percent since a nearly two year low in the second quarter.

Commodity & service prices, Security brokers and dealers, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, TRANSPORTATION EQUIPMENT, Prices and rates, Securities industry, Company Profile, Company securities, Company pricing policy

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Aerospace merger news lifts shares of principals in mostly weak session

Article Abstract:

Merger news boosted the price of DaimlerChrysler and Aerospatiale Matra shares in Oct 15, 1999, European trading, but declines in US share prices held the overall market down. DaimlerChrysler shares rose 1.20 euros, or 1.8%, while Aerospatiale shares rose .87 euros, or 4.2%. British Aerospace shares fell 374 pence, or 4.1%. DaimlerChrysler's DaimlerChrysler Aerospace AG unit will merge with Aerospatiale Matra.

Europe, Securities prices, Aircraft & Parts, Aerospace Product and Parts Manufacturing, Statistical Data Included, Mergers, acquisitions and divestments, Aircraft industry, Aerospatiale Matra S.A., DaimlerChrysler Aerospace AG

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