Daimler informed of foreign hedge fund’s large share buying in company

Forbes – Daimler AG. was told last week that a foreign hedge fund is buying a large number of shares in the car maker after its share price slumped on the back of a profit warning barely two weeks ago, Focus weekly magazine said.

Citing a supervisory board source, the magazine reported that banks have tipped off the company regarding the matter.

A company spokesman declined comment to Focus, saying only that Daimler is ‘satisfied’ with its shareholder structure and ‘is also open for new investors’.

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