05 jun: UPDATE: Norway Minister: Telenor Risks Big Loss in India
05 jun: DATA SNAP: US May ISM Non-Manufacturing Index Rises to 53.7 Vs 53..
05-06-2012 16:23:00

Volkswagen Lifts Stake In Truck Maker MAN Beyond 75%

Relateret indhold

By Christoph Rauwald

FRANKFURT--Volkswagen AG (VOW.XE) Tuesday tightened its grip on German truck maker and engineering firm MAN SE (MAN.XE) by lifting its voting stake above 75%, marking the next step towards forging a truck alliance with Sweden's Scania AB (SCV-A.SK) to take on global market leaders Daimler AG (DAI.XE) and Volvo AB (VOLV-B.SK).

"This marks a further important milestone for achieving our joint goals in the commercial vehicles business," Volkswagen Chief Executive Martin Winterkorn said in a statement.

Volkswagen said it will be "putting every effort into leveraging synergies and substantial growth potential" in the group's commercial vehicles business.

News of Volkswagen's increased stake in MAN follows the announcement of a wide-ranging management reshuffle at the automotive group including appointments at its truck-making activities. Leif Ostling, the chief executive of VW's Swedish truck brand, Scania AB, will join Volkswagen's management board and succeed Jochem Heizmann as truck chief. Mr. Heizmann will take on a new management-board post responsible for Volkswagen's Chinese operations.

The truck business has emerged as a second pillar for Europe's largest car maker after it acquired majority stakes in MAN and Scania in recent years.

Mr. Winterkorn said MAN will "retain its operational autonomy" while its power-engineering unit, which produces large diesel engines and other machinery, would remain "a solid part" of the Munich-based firm.

Under German stock market rules, investors have to disclose if they cross the 75% stake threshold. Volkswagen so far held a stake of just below 75% in MAN.

On Saturday, VW Chief Financial Officer Hans-Dieter Poetsch reiterated the company is keeping all options open for the future structure of its truck alliance. This includes a so-called domination agreement under German stock market rules, which would give VW access to all MAN cash flows. A domination agreement requires a 75% voting majority at shareholder meetings.

-Write to Christoph Rauwald at christoph.rauwald@dowjones.com

(END) Dow Jones Newswires

June 05, 2012 10:23 ET (14:23 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Mærsk har sat sejl mod kursrekord

17-09-2014 16:35:38
Efter et pænt kursmæssigt løft styrer A.P. Møller - Mærsk onsdag eftermiddag mod kursrekord.En halv time før lukketid på fondsbørsen i København handles olie- o..

Fedex klarer sig bedre end ventet i første kvartal

17-09-2014 13:51:16
Det amerikanske pakketransportfirma Fedex er kommet ud af første kvartal af regnskabsåret 2014/15 med en bedre end ventet indtjening per aktie på 2,10 dollar mo..

Aktier/åbning: Danmark følger amerikanske plusser

17-09-2014 09:22:46
Det danske aktiemarked er onsdag morgen åbnet med plus hos stort set samtlige aktier i C20 Cap-indekset, der samlet er åbnet 0,7 pct. højere i 807,55.Det sker e..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Vestas/Nordea: Ser risiko for test af kurs 200
2
TDC kan blive opslugt af Telia - avis
3
Vestas: Vindtariffer under beskæring i Kina - medie
4
Aktier/tendens: Amerikansk plus ventes at smitte af i Danmark
5
Danmark: Markant stigning i boligpriserne i andet kvartal

Relaterede aktiekurser

Volvo AB ser B 82,90 0,6% Stigning i aktiekurs
Volkswagen 176,20 1,3% Stigning i aktiekurs
VW 210,80 0,0% Aktiekurs uændret
VW VZ 218,60 0,0% Aktiekurs uændret

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Relaterede selskaber
Få adgang til information og anbefalinger af relaterede selskaber med PLUS pakken.

Du får adgang til 7 værdifulde investorværktøjer til investering.

Klik her og læs mere om PLUS pakken.
Euroinvestor i andre lande: Euroinvestor.com | Euroinvestor.se | Euroinvestor.no | Euroinvestor.fr | Forexinvestor.com| Wisselkoersen.nl | Valuta.se | Valutaveksel.no | Divisas.es | Valute.it
Copyright Euroinvestor A/S 2014  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
18. september 2014 03:36:51
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20140915.2 - EUROWEB6 - 2014-09-18 03:36:51 - 2014-09-18 03:36:51 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x