The article reports on the dispute between German automobile manufacturer Daimler AG and private-equity firm Cerberus Capital Management LP over their joint ownership of automobile manufacturer Chrysler LLC. It notes that Cerberus owns 80.1% of the Chrysler, having acquired the stake from Daimler in ...
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to divest majority of its global automotive interiors business to an affiliate of private equity firm Cerberus Capital Management LP in the U.S. It is inferred that Visteon has also agreed to sell its 50 percent ownership stake in the Korean joint venture Duckyang Industry Co. Ltd. Brief ...
The article reveals that DaimlerChrysler AG was selling an 80.1 percent stake in the company to Cerberus Capital Management LP. The move was seen as part of Chrysler Chief Executive Tom LaSorda's strategy to put together a team that was better-suited for Chrysler's new ownership. Chrsyler ...
Wernle, Bradford
Investor Group Has Deal for Green Tree.(Green Tree Servicing LLC)(Centerbridge Partners L.P.)(Cerberus Capital Management LP)(Brief article)Terris, Harry