Rolls-Royce (OTCPK:RYCEY) and Daimler (OTCPK:DDAIF) make a renewed bid of €3.2B ($4.55B)...

Rolls-Royce (OTCPK:RYCEY) and Daimler (OTCPK:DDAIF) make a renewed bid of €3.2B ($4.55B) for German diesel-engine maker Tognum (OTC:TGNMF), although the offer is likely to disappoint shareholders, who have said the price undervalues the company. (previous)