DaimlerChrysler chief executive Juergen Schrempp is likely to go as the ailing car manufacturer seeks a deal to refinance some of the e78bn of debt it has accumulated
The great takeover merchants of Europe's 1990s bull market have almost all departed the scene. Jean-Marie Messier of Vivendi Universal SA? Gone. Ron Sommer of Deutsche Telekom AG? Gone. Even Sir Christopher Gent, who retired as chief executive officer of Vodafone Group last month, is moving on to advise Lehman Brothers Holdings on international business. No doubt people can drop by his office for a coffee and a quick chat on how to make $100bn or so of shareholders' money disappear. Still, like some peculiarly tough breed of limpet, one man hangs on tenaciously: Juergen Schrempp, the ...
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