Germany's MAN says no timetable for Scania talks

Newswire

FRANKFURT, May 3 (Reuters) - German truckmaker MAN has no concrete timetable for merger talks with Swedish rival Scania but hopes that the election of new supervisory boards at the firms could promote discussions, Chief Executive Hakan Samuelsson told a conference call on Thursday.

Scania rebuffed MAN's attempt to take over the Swedish group in a move to create Europe's truck market leader, but Samuelsson said he hoped to be able to say more about formation of a truck alliance in ...

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