Speculation in Europe is intensifying over the possibility of a takeover of Daimler AG, parent of Mercedes-Benz and smart and the former parent of Chrysler.
Daimler CEO Dieter Zetsche has been drilled on the takeover question since the German company sold off Chrysler last year. He has insisted that Daimler is less vulnerable to takeover without. Company spokesman reiterated of late that Daimler is not a takeover candidate nor does the company see indications of an investor building a large stake.
However, sources close to Daimler management told the Financial Times, for a story in Tuesday's edition, that company executives indeed are very concerned about a possible takeover because of a number of converging factors.
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