VW plans to raise MAN stake - cartel office


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 ...

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