STOCKHOLM — Volkswagen AG's US$1.6 billion purchase of 34% of Swedish truckmaker Scania AB is a coup for investment company and Scania-owner Investor AB, coming just shortly after the European Commission said no to a merger between Scania and rival AB Volvo. Volvo was prepared to pay US$36 a share for Scania, when Scania's stock price was at US$29. VW's offer was US$42.53 a share. Sources say Investor management was extremely dissatisfied with Volvo Chief Executive Leif Johansson's ...
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