Swedish investor Cevian Capital buys shares in Daimler

Forbes – Swedish investor Cevian Capital is acquiring shares in Daimler AG in an apparent effort to become a significant shareholder in the German carmaker, Sueddeutsche Zeitung said, citing an unnamed hedge funds manager source.

It said financial sources consider it plausible that Cevian Capital could become a Daimler shareholder, adding the former already has a stake in Swedish truck maker Volvo.

It said Cevian acquired in Dec. 2007 a stake of nearly 3 percent in German insurer Muenchener Rueckversicherungs AG, one of the 30 blue chips on Frankfurt’s DAX30 index.

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