MAN CEO won't rule out breaking up conglomerate

Newswire

MUNICH, Dec 21 (Reuters) - German industrial conglomerate MAN AG no longer rules out a breakup of its corporate structure and sale of its non-truckmaking businesses, the company said late on Wednesday. In comments that could help facilitate its 10.3 billion euro ($13.59 billion) takeover bid for Swedish truckmaker Scania , MAN's chief executive suggested he could decide to focus the company on its core commercial vehicles business and thereby assuage Scania's objections to a link-up with a ...

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