MAN shareholders have approved Volkswagen’s mandatory offer, against the advice of MAN’s executive and supervisory boards.
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The executive and supervisory boards of MAN have recommended that its shareholders reject the mandatory public takeover bid put forward by Volkswagen, as they consider the price offered is too low
German motor manufacturer Volkswagen is looking for supply chain saving of 200 million euros a year from a takeover of MAN
German motor manufacturer Volkswagen expects supply chain saving of 200 million euros a year from a takeover of MAN, the group has revealed with the launch of its formal bid for the truck maker
Volkswagen has increased its holdings in MAN SE from 29.9 per cent of ordinary shares to 30.47 per cent, which automatically initiates a mandatory public tender offer to the shareholders of MAN
A new inventory optimisation system from Inform has enabled motor distributor Autosdistribution Losch to cut its investment in stock from 3.4 million euros to 2 million euros in a period of six months
Truck makers MAN and Scania are in discussions over a possible combination of the two companies.
Last month 70 global companies and 27 European business associations, all members of CSR Europe, got together in Brussels to launch Enterprise 2020 – an initiative designed to shape the business contribution to the European Union’s Europe 2020 strategy
Northgate Vehicle Hire has taken delivery of 2,400 new “60” plate vehicles, including some 550 Mercedes-Benz Sprinters, more than 400 Ford Transits, and almost 400 Volkswagen Caddy and Transporters
Northgate Vehicle Hire is taking delivery of over 2,000 new vans and cars
