Scania board says not heard MAN dropping bid

Newswire

STOCKHOLM, Jan 23 (Reuters) - Scania's board has had no information its larger German rival MAN was dropping its hostile bid, though there had been rumours to that effect, a spokeswoman for the board said on Tuesday. "I have not received any such information, so I know nothing really about this," said Scania board member and spokeswoman Peggy Bruzelius. "It is probably the same rumours you have heard and there was nothing confirmed." Scania shares first fell sharply on a report by German ...

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