Volkswagen to Break Up MAN, Frankfurter Allgemeine Zeitung Says
2015-05-11 18:00:00.4 GMT
By Richard Weiss
(Bloomberg) -- VW will move MAN’s truck and bus units,
including MAN Latin America, into newly founded Holding Truck &
Bus GmbH that will also include businesses of Scania, while
diesel engines business and Renk will be moved to VW,
Frankfurter Allgemeine Zeitung says, citing people familiar with
the plan.
* Andreas Renschler informed employees on Monday: FAZ
* MAN remains a separate legal entity listed on stock
exchange, while it will have no more operating units
* NOTE: Volkswagen Creates Truck Group to Push MAN, Scania
Cooperation
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To contact the reporter on this story:
Richard Weiss in Frankfurt at +49-69-92041-287 or
rweiss5@bloomberg.net
To contact the editor responsible for this story:
Benedikt Kammel at +49-30-70010-6230 or
bkammel@bloomberg.net
2015-05-11 18:00:00.4 GMT
By Richard Weiss
(Bloomberg) -- VW will move MAN’s truck and bus units,
including MAN Latin America, into newly founded Holding Truck &
Bus GmbH that will also include businesses of Scania, while
diesel engines business and Renk will be moved to VW,
Frankfurter Allgemeine Zeitung says, citing people familiar with
the plan.
* Andreas Renschler informed employees on Monday: FAZ
* MAN remains a separate legal entity listed on stock
exchange, while it will have no more operating units
* NOTE: Volkswagen Creates Truck Group to Push MAN, Scania
Cooperation
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Richard Weiss in Frankfurt at +49-69-92041-287 or
rweiss5@bloomberg.net
To contact the editor responsible for this story:
Benedikt Kammel at +49-30-70010-6230 or
bkammel@bloomberg.net