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Germany's MAN says not interested in Volvo stake

MUNICH, Aug 17 (Reuters) - Germany's MAN , Europe's third-largest commercial vehicle manufacturer, is not interested in acquiring a stake in larger Swedish rival Volvo , MAN said on Thursday. "We deny an interest in Volvo," a spokesman for the company said.

Market speculation that a U.S.-based Swedish financier was on the lookout for interested parties willing to take a joint stake in Volvo helped drive MAN shares up almost 3 percent to more than 60 euros.