Sweden's Investor AB says will tender its Scania stake to VW

Newswire

STOCKHOLM, April 30 (Reuters) - Swedish holding company Investor AB said on Wednesday it would tender its small stake in Scania to Volkswagen, which has bid to take full control of the truck maker. VW said on Wednesday it controlled 88.25 percent of Scania's equity and 95.81 percent of the voting rights, once the shares tendered in its 200 Swedish crowns ($30.48) per share offer were included, and extended the acceptance period for the bid. "With our limited ...

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