Fiat's Marchionne sceptical about MAN-Scania deal

Newswire

FRANKFURT, Oct 26 (Reuters) - Scania's defiant Chief Executive Leif Ostling has received support in his bid to stave off hungry suitor MAN from the widely-respected CEO of Italian group Fiat . In a conference call with analysts, Sergio Marchionne voiced scepticism on Thursday as to whether MAN's unsolicited 10.3 billion euro ($13.04 billion) cash and share offer for Scania would bear the fruit MAN head Hakan Samuelsson has promised. "As a general statement, scale is important and so what ...

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