MAN AG hopes for progress in Scania deal by yr-end

Newswire

MUNICH, July 31 (Reuters) - German truckmaker MAN AG hopes some progress in its plans to link up with Swedish rival Scania can be achieved by the end of the year, but it is not currently in talks and no developments have happened recently, MAN said. "I hope that we can say more about this by the end of this year," Chief Executive Hakan Samuelsson told a press conference in Munich, adding that there was "nothing new" to report on the matter. He said the restructuring charge of 65 million ...

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