+------------------------------------------------------------------------------+
Scania Takeover Likely, VW Probably Won’t Raise Bid: HSBC 2014-03-04 08:02:47.212 GMT
By Brian Lysaght March 4 (Bloomberg) -- VW offer looks attractive for Scania investors, shares trading ~3% of offer price; see high probability of bid succeeding, HSBC says. * Seems unlikely VW will be forced to raise offer * PT raised to SEK200 to match bid; implies potential reutrn of 2.8%, limited upside, cut to underweight from overweight: HSBC * Feb. 27: Minister Calls on VW to Keep Scania in Sweden Amid Takeover Battle {NSN N1NIBU6K50XW <go>}
Link to Company News:{SCVB SS <Equity> CN <GO>} Link to Company News:{VOW GR <Equity> CN <GO>}
For Related News and Information: First Word scrolling panel: {FIRST<GO>} First Word newswire: {NH BFW<GO>}
To contact the reporter on this story: Brian Lysaght in London at +44-20-7330-7908 or blysaght@bloomberg.net
To contact the editor responsible for this story: Gaurav Panchal at +44-20-7392-0511 or gpanchal2@bloomberg.net