MUNICH, July 31 (Reuters) - German industrial group MAN AG rejected speculation that it could sell its near 15 percent voting stake in Swedish rival Scania , Chief Executive Hakan Samuelsson told an analyst conference call. "We're quite happy with our Scania stake and have no intention of selling it," he said, when asked whether there could be a better use of its cash than holding Scania shares should efforts to merge with its rival prove fruitless. Samuelsson also specified that the ...
Premium Content (PAID Subscription Required)
"MAN AG says has no intention to sell Scania stake" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.