Canada's Tesma favourite to buy MAN unit-source

Newswire

FRANKFURT, March 27 (Reuters) - Canada's Tesma , a part of Magna International , is considered the favourite to buy German trucks and engineering group MAN AG's SHW unit, a company source said on Saturday. MAN said earlier this month it was in talks to sell its 50 percent stake in Schwaebische Huettenwerke (SHW), which supplies equipment to the paper production and automotive industries. The source said auto parts supplier Tesma was interested in the unit and said the price for the 50 ...

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