Financial Times FT.com

Paris Motor Show

Daimler turns anchors away

By Daniel Schäfer and Richard Milne in Paris

Published: October 3 2008 04:40 | Last updated: October 3 2008 04:40

Daimler has been approached by large groups from the Middle East and Asia that would like to act as anchor investors to fend off hostile takeovers or corporate raiders.

Dieter Zetsche, Daimler’s chief executive, said the German car and truck maker had been asked by investors from the “east and south-east” that would like to make big investments in the company.

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