MAN not negotiationing to buy MTU Friedrichshafen

Newswire

MUNICH, Germany, Feb 17 (Reuters) - German industrial group MAN AG said it was not in "negotiations" to buy MTU Friedrichshafen but was eyeing a potential acquisition of DaimlerChrysler's diesel motor unit. "We're interested in principle and we'll look very closely at it," Chief Executive Hakan Samuelsson told reporters on Thursday. "There have been talks, but no negotiations," he added. He also said he expects high steel prices to hit earnings in 2005, but Europe's third largest ...

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