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Daily Briefing: VW’s Long Haul

Started by staff, March 03, 2008, 02:30:18 PM

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Daily Briefing: VWââ,¬â,,¢s Long Haul
      


Volkswagen is in the driver’s seat in the European truck market, with news it will take majority control of Swedish truck maker Scania in a $4 billion deal. The move to buy out Sweden’s Wallenberg family ends a paralyzing stalemate over the future of Scania since it rejected a hostile takeover offer early last year [...]
         

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