Swedish staff won't lose jobs in Scania deal -MAN

Newswire

FRANKFURT, Nov 23 (Reuters) - German truckmaker MAN said on Thursday it would not reduce production staff should it successfully acquire Swedish rival Scania in its 10.3 billion euro ($13.4 billion) hostile bid. "Under my leadership no business unit will subsidise another. That means that there will be no discrimination of Swedish employees in favour of Germans or vice versa," MAN Chief Executive Hakan Samuelsson said in a statement.

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