Tognum

German engine maker, Tognum, has discarded a €3.2 billion takeover offer by Daimler and Rolls-Royce.
Diesel engine maker, Tognum’s institutional investors have rejected a €3.2 billion offer by Daimler and Rolls-Royce.
German automotive group, Daimler, and U.K. engine maker, Rolls-Royce, are planning to jointly bid for Tognum.