FRANKFURT/STOCKHOLM (Reuters) - German truckmaker MAN SE and Swedish group Scania are in merger talks, Scania said, as Volkswagen aims for full control of both to take on bigger rivals. Scania and MAN ...
This story appears in the March 10 print edition of Transport Topics. Volkswagen AG last week bought a controlling share in Swedish truck maker Scania AB, possibly clearing the way for a three-way ...
Volkswagen has taken control of Scania, buying both Investor and Wallenberg Foundation stakes in the company. The move paves the way for an alliance with MAN. Volkswagen acquired the stakes, ...
Volkswagen says it now controls 98.19% of shares in Scania and 99.02% of voting rights in the Swedish heavy truck maker. VW said earlier this month that it had crossed a crucial 90% equity threshold ...
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