Scania Set to Swoop On Rival Man

Summary


The supervisory board of German truckmaker MAN is set to authorise a takeover offer for Swedish rival Scania that would create Europe's biggest truckmaker.

MAN hopes to present its offer to the market early today in Europe, although the timing could slip.

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Extract


Scania Set to Swoop On Rival Man

It has been wooing Scania shar...

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