VW plans to raise MAN stake - cartel office

Newswire

FRANKFURT, Oct 27 (Reuters) - Volkswagen has informed Germany's Federal Cartel Office that the carmaker plans to raise its stake in truckmaker MAN to as high as 30 percent, the anti-trust authorities said on Friday. Volkswagen is already MAN's biggest shareholder with a 15.1 percent stake and has been pushing it to strike a friendly takeover of Swedish rival Scania , in which VW is also largest shareholder. MAN has launched an unsolicited 10.3 billion-euro offer for Scania, which Scania ...

Premium Content (PAID Subscription Required)

"VW plans to raise MAN stake - cartel office" 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
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×