Dow Jones reported that the Swedish truck maker Scania (Scania) CEO Leif Oestling recently in an interview with a German media interview on Scania and competitor - Consolidated German truck maker MAN (MAN) is not represented Recognize and question the synergies after the merger.
Leif Oestling said: "If Scania and Man merge together, it would be unrealistic to have a synergy of 1 billion euros (about 1.4 billion U.S. dollars) and even 500 million euros (about 700 million U.S. dollars)."
Three weeks ago, a series of high-level personnel announced the departure of Mann , including CEO Hakan Samuelsson. On December 11, Man appointed a new Chief Executive and his board members. The departure of Hakan Samuelsson has led industry players to speculate that the Volkswagen Group may increase its holdings in Man.
In addition, Piech, chairman of the Volkswagen Group and Mann, had previously hinted that it would expand the shares held by the Volkswagen Group and intended to merge Man and Scania together.
At the end of November, according to informed sources, the Volkswagen Group is currently considering increasing its share of the MAN Group to 50%, and intends to merge it with Scania, another commercial vehicle division owned by Volkswagen, to form a new one. Commercial vehicle sector.
The Volkswagen Group currently holds 30% of the Man Group and 71% of Scania's shares.
Food Processor,Small Food Processor,Commercial Food Processor,Industrial Food Processor
Jiangmen Sanxin Appliances Co.,Ltd , https://www.sanxinfty.com