Daimler Eyes Taking GM Minority Stake as Price of Chrysler
TOKYO, Feb. 26 KYODO News Servicwe reported that DaimlerChrysler AG is weighing taking a minority stake in General Motors Corp. as a payment if GM agrees to take over Chrysler, Daimler's money-losing North American division, the Financial Times reported in Monday's Asian edition, quoting informed sources.
By buying into GM, Daimler may stand to benefit from ''billions of dollars' worth of synergies and cost savings from merging the two Detroit-area carmakers,'' the British financial daily said.