BERLIN (Reuters) – German carmaker Daimler goals to maintain a “protecting hand” on Daimler Vehicles, the world’s largest truck and bus maker, following a deliberate spin-off, Chief Govt Ola Källenius instructed the Frankfurter Allgemeine Sonntagszeitung (FAS).
Daimler mentioned on Wednesday it plans to spin off Daimler Truck because it seeks to extend its investor enchantment as a targeted electrical, luxurious automobile enterprise.
“The precise percentages are but to be decided, however on the identical time we are going to maintain a protecting hand over Daimler Vehicles by way of our shareholding,” Källenius mentioned in an interview with the FAS printed on-line on Saturday.
“Ought to one thing occur out there that will not be within the pursuits of Daimler Vehicles, then we’re there,” Källenius mentioned. “However the firm will act independently, we won’t intervene operationally by way of the supervisory board.”
The 2 enterprise would nonetheless cooperate – for instance, the automobile enterprise would, if wanted, have entry to the gas cell expertise of the truck maker, which, conversely, would be capable to use the automobile maker’s battery expertise, Källenius mentioned.
He anticipated Daimler Vehicles to be listed on Germany’s blue chip DAX index, just like the carmaker.
“I feel it is extremely seemingly we are going to get two DAX corporations in Stuttgart,” he mentioned.
(Writing by Paul Carrel; Enhancing by Nick Macfie)
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