Monday 10 August 1998
GERMANY'S Daimler-Benz wooed shareholder support for its $42bn translatlantic merger with Chrysler Corp over the weekend, pledging sharp profit gains and higher dividend payouts.
Daimler said that it would raise its dividend after the merger with Chrysler is completed later this year, in a bid to match the kind of payouts that Chrysler shareholders have enjoyed and forecast operating profits of DM6.16bn this year rising to DM8.65bn in 1999 and DM10.23bn the year after.
A cautionary tale for ambitious would-be authors
X Factor judge will appear in court later this month
Sir Ian McKellen hits back at Damian Lewis' 'fruity' claims
Ja Rule forced to deny leaving wife for prison cell mate
Gurdwaras-turned-food banks: Sikh temples are catering for rise in Britain’s hungry
Teenage girl convicted of robbery after taking pre-crime selfie wielding knife
'I'm experiencing austerity as well', says Princess Michael of Kent
- 1 Gurdwaras-turned-food banks: Sikh temples are catering for rise in Britain’s hungry
- 2 Exercise most effective lifestyle choice for preventing dementia, researchers say
- 3 Teenage girl convicted of robbery after taking pre-crime selfie wielding knife
- 4 Newly vegan Beyoncé wears fox fur to dine in meat free restaurant
- 5 'I'm experiencing austerity as well', says Princess Michael of Kent
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