MAN shares higher amid Scania takeover speculation
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Shares in MAN, the German industrial conglomerate, were among the biggest gainers on the stock exchange here amid speculation it is about to announce a bid for Swedish truck maker Scania.
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German industrial conglomerate MAN is hoping its planned takeover bid for Swedish truck maker Scania can remain amicable and has invited Scania to enter into friendly talks.
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STOCKHOLM -- Scania AB and two of its major shareholders rejected a $12.2 billion takeover offer from Germany's MAN AG yesterday, with one investor saying the offer did not reflect the truck maker's value.
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Germany's MAN AG is preparing a more   attractive offer for Swedish truck maker Scania, the Wall   Street Journal on Friday quoted MAN Chief Executive Hakan   Samuelsson as saying.
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German industrial conglomerate MAN AG   MANG.DE will offer cash and shares to buy Scania AB SCVb.ST   in a bid that values the Swedish truckmaker at 9.6 billion   euros ($12.2 billion) in total, MAN said early on Monday.
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German industrial conglomerate MAN says its supervisory board is scheduled to meet this weekend to discuss a possible offer for Swedish truck maker Scania.
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Shares in Swiss-based computer peripherals maker gained up to 12 percent amid speculation Microsoft would launch a takeover bid, traders said.
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Shares in discount retailer Big Food Group leap more than 13% as the owner of the Iceland frozen food chain reveals it is in bid talks.
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Retailer Woolworths sees its shares rise more than 20% after private equity group Apax says it is considering a takeover bid.
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Germany's MAN AG  will soon raise its bid for truck maker Scania , a Swedish newspaper said on Thursday, citing unnamed sources.
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German industrial conglomerate MAN AG   MANG.DE bid 9.6 billion euros ($12.2 billion) in cash and   stock for Sweden's Scania AB SCVb.ST in a deal that would   create Europe's largest truck maker.
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Gambro shares traded 3 per cent higher before being suspended on the Stockholm bourse yesterday, on speculation that US competitor DaVita is to buy the Swedish group&#39;s dialysis business for about $3bn.
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German industrial conglomerate MAN has sent signals that it might be looking to tie the knot with Swedish group Scania with a view to becoming Europe's biggest truck maker ahead of DaimlerChrysler and Volvo.
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Germany's MAN AG  will soon  raise its bid for truck maker Scania (SCVb.ST), a Swedish  newspaper said on Thursday, citing unnamed sources.
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Shares in Swiss-based computer peripherals maker Logitech International SA  rose over 12 percent on Thursday amid speculation Microsoft Corp  would launch a takeover bid, traders said.
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Investors bid up shares of LED maker on rumors of buyout by lighting giant.
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Business & money: Shares jump more than 12% after embattled bank reveals takeover offers.