Volkswagen wants new 3-way truck deal-CEO in paper

Newswire

FRANKFURT, Sept 26 (Reuters) - Volkswagen wants German truckmaker MAN to abandon its bid for Swedish rival Scania in favour of a new three-way merger that would include VW's own Brazilian truck operations. "For me, this can't be achieved by a takeover of Scania by MAN. I have rejected the bid and I have no intention whatsoever to change my mind," Volkswagen Chief Executive Bernd Pischetsrieder told the Financial Times. He said in an interview published on Tuesday that even a sweetened ...

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