MAN seeks takeovers to boost diesels, turbo areas

Newswire

FRANKFURT, April 27 (Reuters) - German truckmaker and machinery group MAN is seeking acquisitions to grow in the diesel motors and turbo machinery areas but will use its own resources to boost its trucks and buses businesses, Chief Executive Hakan Samuelsson said. "We are counting on organic growth in the commercial vehicles area," he told reporters on Tuesday evening in remarks embargoed until Wednesday, adding MAN would use strategic partnerships to secure important vehicle components. ...

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