MAN CEO doesn't see Scania talks resuming soon

Newswire

BOCHUM, Germany, Jan 24 (Reuters) - German truckmaker MAN does not expect talks with the large shareholders of Swedish rival Scania to resume in the coming days, its chief executive said on Wednesday. "All parties need a cool-down phase, including us," Hakan Samuelsson said during an industry conference in the northwestern city of Bochum, adding that he did not expect them to start "tomorrow or next week". On Tuesday, MAN withdrew its hostile, 10 billion euro-plus cash and stock bid for ...

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