World News Insights
1-3 Minute Gist

All Topics Article

Abu Dhabi Firm Buys 9.1% of Daimler

Wall Street Journal Original article ›

Keywords:

LyrArc Article Gist
Before this deal Kuwait with 7.6% was the largest single shareholder in Daimler. Now a Abu Dhabi investment firm Aabar Investments PJSC plans to put in $2.65 billion for a 9.6% stake in Daimler. The largest shareholder in Aabar, which is listed on the Abu Dhabi Securties Exchange, is International Petroleum Investment Company. IPIC is owned by the Emirate of Abu Dhabi. Daimler is doing this deal by issuing 96.4 million shares at price of 20.27 euros ashare. On March 20, 2009, Daimler shares closed at 21.34 euros in Frankfurt.

Shifting sentiment for Stimulus in France and Germany as job losses mount.

01/04/2008

German GDP contraction according to Commerzbank estimates in late March show 6-7% GDP contraction in 2009. France with a smaller capital goods industy, is projected to drop 4%. Sentiment in both countries is shifting to larger Stimulus.

Grouped Articles

The Emperor Creates No Jobs

Wall Street Journal 05/29/2013

Vive la différence!

Economist 05/07/2009

Germany Posts Month 21 of Declining Jobless Rate

New York Times 01/04/2008

Europe’s Central Banker Engineers His Economics

New York Times 02/05/2008

Unions Wage New Strikes in Germany

Wall Street Journal 03/06/2008

For Europe’s Middle-Class, Stagnant Wages Stunt Lifestyle

New York Times 05/01/2008

German Auto Industry's response to the economic downturn.

05/01/2008

How the German auto manufacturers are responding to the sharp decline in sales.

Grouped Articles

German Auto Sales Drop as Luxury Demand Wanes

Wall Street Journal 06/04/2013

Daimler Plans to Buy Stake in Tognum

Wall Street Journal 05/01/2008

At Daimler, Sales Follow the World’s Oil Riches

New York Times 05/10/2008

Irate Europeans Protest the Soaring Price of Gasoline

New York Times 05/30/2008

BMW Formula One Car To Use Hybrid Technology

Wall Street Journal 05/31/2008

VW to Cut Costs to Produce Golf

Wall Street Journal 06/09/2008


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us