VW moves on MAN Scania tie up

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German carmaker Volkswagen has formally launched its bid for MAN to create Europe's biggest truckmaker and take on market leaders Daimler and Volvo. VW wants to combine MAN with Sweden's Scania, which it already controls, initially raising its stake to around 40 percent of MAN's voting shares for its current 30 percent. ... http://www.euronews.net/

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