Linklaters supports Goldman Sachs and Morgan Stanley in Daimler’s exit from EADS
Linklaters has advised the investments banks Goldman Sachs and Morgan Stanley in their roles as joint bookrunners for Daimler AG in the disposal of its remaining 7.5% interest in the European Aeronautic, Defence and Space Co. (EADS). Institutional investors in particular were very interested in the approx. 61.1 million shares priced at €37 per share. EADS acquired shares for €600 million from the placement. Daimler plans to invest the approx. €2.2 billion proceeds from the sale in its global growth and technological development.