Volkswagen Increases Stake In MAN
Posted 27th February, 2007 in Volkswagen | Leave a comment
Volkswagen AG has increased its stake in the ordinary shares of MAN Aktiengesellschaft from approximately 20 percent to 29.9 percent on February 26, 2007.
The Board of Management of Volkswagen is convinced that this level of participation in MAN is both helpful and adequate to allow all parties to find a friendly and mutually agreeable solution for combining MAN and Scania. Realizing the acknowledged high synergy potential remains the objective.
[Source: VW]
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