Volkswagen backs friendly MAN-Scania merger talks

Newswire

FRANKFURT, Jan 23 (Reuters) - Volkswagen , the largest shareholder in both MAN and Scania , continued to back friendly merger talks between the two rival truckmakers as the best solution to maximise benefits. "Volkswagen has always stated that it will only support an amicable solution. Such a solution envisages combining the two companies Scania and MAN and Volkswagen's Brazilian truck business," the world's fourth-largest carmaker said in a statement on Tuesday, welcoming MAN's withdrawal ...

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