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VW proposed take over of Scania

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VW proposed take over of Scania

Postby jibb » Fri Apr 25, 2014 10:41 am

German car making giant Volkswagen has come closer to realising its ambition to take over truck maker Scania.Europe's biggest auto manufacturer said in late February it wanted to purchase the 37.4 per cent of Scania it didn't already own.
Volkswagen has said Scania shareholders have until today to accept their offer which has the backing of Swedish bank and fund manager Robur.
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Re: VW proposed take over of Scania

Postby crazyturbo76 » Sun Apr 27, 2014 9:35 pm

jibb wrote:German car making giant Volkswagen has come closer to realising its ambition to take over truck maker Scania.Europe's biggest auto manufacturer said in late February it wanted to purchase the 37.4 per cent of Scania it didn't already own.
Volkswagen has said Scania shareholders have until today to accept their offer which has the backing of Swedish bank and fund manager Robur.

If this goes ahead and VW does the same thing with MAN in the next few years (VW own a majority of the company), then VW will have a big slice of the truck market...

I can see a total takeover of MAN happening as they are building a few truck models for VW (the VW Constellation is one of them) at the moment.
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