UPDATE 3-MAN says not keen on selling trucks unit

Newswire

(Recasts with MAN comment, Scania report, Volvo CEO) MUNICH, July 23 (Reuters) - German engineering group MAN said on Wednesday it did not want to sell its core trucks business but declined to comment on a report it could buy a stake in rival Scania in a bid to prevent a hostile takeover. Chief Executive Rudolf Rupprecht was quoted by Focus Money magazine as saying the group had no intention of selling its commercial vehicles business, dampening speculation of a takeover and sending MAN ...

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