Independent journal on economy and transport policy
13:35 GMT+1
Volvo buys Scania
(Cargoweb)
August 9, 1999
Swedish truck producer Volvo reached an agreement to acquire all of the shares in Scania of the Swedish group Investor, and made a public offer for all remaining shares in Scania. The take-over will create the world's second truck maker, after DaimlerChrysler, with a market share of 30 percent. Investor will receive a cash payment of SEK 315 per share for ...... Read more on Cargoweb
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