TURIN – Swedish commercial-vehicle maker Scania AB may be interested in purchasing the 15% of Indian truck builder Ashok Leyland Ltd. controlled by Italy’s Iveco SpA, reports out of India suggest. AB Volvo, a competitor of Scania, also is rumored to be a candidate to purchase the shares, but Ashok Leyland has denied that possibility. Ashok Leyland is the second biggest commercial-vehicle producer in India. Some 15 months ago, Fiat SpA-owned Iveco and India’s Hinduja Group, which ...
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