UPDATE 1-MAN shares extend gains after drops Scania bid


(Adds analyst comment, background) FRANKFURT, Jan 24 (Reuters) - Shares in German truckmaker MAN rose as much as 2.9 percent to a record 78.01 euros on Wednesday as investors welcomed its decision to drop a hostile bid for Scania and pursue a friendly deal. "We view this announcement as positive for MAN as we continue to see the industrial logic behind the deal and believe that a merger scenario reduces the likelihood of MAN overpaying in a hostile bid," JP Morgan said in a research ...

Premium Content (PAID Subscription Required)

"UPDATE 1-MAN shares extend gains after drops Scania bid" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×