MAN-Scania aims to be in world's top three - paper


FRANKFURT, Dec 23 (Reuters) - After a takeover of Swedish truckmaker Scania , German industrial conglomerate MAN wants to become one of the world's three biggest truckmakers in 10 years, MAN's chief executive told a German newspaper.

In a story scheduled to appear on Sunday in Welt am Sonntag, Hakan Samuelsson said a combined MAN-Scania would also like to increase its market share to around 10 percent in a decade from a current 5.5 percent.

DaimlerChrysler , Volvo /Renault and Paccar are the three biggest players in the truck manufacturing sector now.

Samuelsson also told the newspaper that currently he did not plan to raise the price of his offer for Scania.

MAN has already won permission from the European Commission to buy Scania and has said it was confident that its 10.3 billion euro bid for Scania would succeed.

MAN has said that an extension of the offer period beyond Jan. 31, 2007, is not planned.



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