Scania CEO says no decision on possible MAN counter-bid
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Swedish truckmaker Scania's chief executive Leif Oestling said no decision had been taken on a possible counter-offer for German suitor MAN after its hostile takeover bid.
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ABN AMRO  stuck to its  neutral stance on Sunday on competing takeover bids for the  Dutch bank, saying it could not support a break-up under the  financially superior RBS-led  consortium&#39;s 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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Formula One supremo Bernie Ecclestone has shrugged off a High Court ruling which challenged the businessman&#39;s control of the firm behind Grand Prix racing.
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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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German truckmaker MAN confirms it is interested in buying Swedish rival Scania.
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Formula One chief Bernie Ecclestone has firmly denied that he is to launch a takeover bid for English soccer team Arsenal.
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MAN  Chief Executive Hakan Samuelsson was quoted on Thursday as saying that his company was unlikely to further raise its offer for Scania  or extend the acceptance deadline again.
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The Swedish truck maker Scania and its two largest shareholders rejected a takeover bid from a German rival, MAN A.G.
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DETROIT -- Ford Motor Co., responding to reports that it's putting its Volvo unit up for sale, said it is not negotiating with anyone to sell the Swedish automaker.
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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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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.
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German engineering conglomerate MAN, which wants to take over Swedish truck maker Scania, has said cost-cutting measures and strong demand for its products enabled it to book record earnings last year.
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South Korea's SK Telecom denied reports that it is preparing a takeover bid for Sprint Nextel.
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Deutsche Bank denied reports Wednesday that it had started negotiations with American businessman Malcolm Glazer in his bid to launch a takeover of Manchester United.
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Manchester United are not likely to find out if Malcolm Glazer intends to launch a takeover bid until next week at the earliest. The American business tycoon is widely believed to be pondering a bid for the
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AMSTERDAM - ABN Amro's boards will not recommend either of the two rival takeover bids the Dutch bank has received, they told shareholders yesterday.