VW seeks strategic control of German truck maker MAN

Newswire

FRANKFURT, Jan 9 (Reuters) - Volkswagen said on Wednesday it was seeking to conclude a domination and profit and loss transfer agreement with MAN SE, which would give it full strategic and financial control over the truck maker. "The planned step is a further milestone on the road to creating an integrated commercial vehicles group," the company said in a statement. Volkswagen said it currently holds 75.03 percent of the voting rights in MAN. (Reporting by ...

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