Scania CEO met shareholders over MAN bid
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Scania SCVb.ST Chief Executive Leif   Ostling met institutional shareholders this week to discuss   MAN's MANG.DE 9.6 billion euro ($12.2 billion) bid, the   Swedish truckmaker said on Wednesday.
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German automaker Volkswagen said it had bought 15.06 percent of German industrial group MAN with a view to creating a three-way alliance in the trucking business between with MAN and Swedish group Scania.
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Early attention focused on Scania after the Swedish truckmaker rejected a EU9.6bn offer from MAN as European equity markets made a cautious start on Monday on a light day for corporate earnings releases and economic data.
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Swedish truckmaker Scania, which fought off a takeover bid by German rival MAN last year, is preparing a counteroffer for MAN, a press report said Thursday.
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Business & money: Brewery company opens talks with Carlsberg and Heineken over proposed takeover
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German truckmaker Man launches a 9.6bn euros takeover bid for Swedish rival Scania.
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Britain's largest steel trade union has demanded a meeting with Indian tycoon Ratan Tata, seeking assurances he will remain committed to expanding Corus Group Plc after his winning 13.7 billion dollar bid for the Anglo-Dutch steelmaker.
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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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The Swedish truck maker Scania remained defiant on Wednesday against a hostile bid from a rival, MAN of Germany.
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Shares in Manchester United have risen more than 4 percent after US financier Malcolm Glazer told the world&#39;s richest soccer club he was planning an 800 million pound takeover offer.
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German truckmaker MAN  said on Thursday it would not reduce production staff should it successfully acquire Swedish rival Scania  in its 10.3 billion euro ($13.4 billion) hostile bid.
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Germany's MAN AG is preparing a more  attractive offer for Sweden's Scania (SCVb.ST), the Wall Street  Journal on Friday quoted MAN  Chief Executive Hakan  Samuelsson as saying.
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German industrial conglomerate MAN AG   bid 9.6 billion euros ($12.2 billion) in cash and stock for   Sweden's Scania AB in a deal that would create Europe's largest   truckmaker.
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MANCHESTER United supporter groups are believed to have met Keith Harris, the City financier, last night to discuss a fan-led restructure of the club with a view to blocking an Â£800 million takeover by Malcolm Glazer.
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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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Swedish truck maker Scania on Friday  stood by its rejection of German rival MAN's hostile bid, as it  raised the prospect of further extra shareholder payouts and  warned of job losses in Sweden.