(Reuters) - FRANKFURT, Aug 3 - DaimlerChrysler has completed the sale of an 80 percent stake in its U.S. arm, Chrysler, to a subsidiary of buyout group Cerberus Capital Management, it said on Friday.
The deal's closing had been delayed when bankers were forced to postpone a $12 billion syndicated loan to finance the transaction as lenders tightened access to cash in a nervous debt market.
Read more at Reuters.com Mergers News
The deal's closing had been delayed when bankers were forced to postpone a $12 billion syndicated loan to finance the transaction as lenders tightened access to cash in a nervous debt market.
Read more at Reuters.com Mergers News
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