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Markets - USA - Scania Not Seen As Solution To MAN's Problems
Apparently bigger isn't always betterUSA -Forbes, by R.M. Schneiderman -14 Sept 2006: -- A Wednesday report by UBS Investment research suggests that the German truck giant MAN’s expected takeover bid for its smaller Swedish rival Scania offers few benefits for the potential acquirer... "The new entity is unlikely to be the solution to MAN's (or Scania's) structural problems," Michael Hagmann, an analyst for the research firm, wrote in a research report... "The combined entity would be the new market leader in Western Europe, but lack significant presence outside the region and still trail both Daimler-Chrysler and Volvo by some distance when it comes to heavy-truck volumes. It would also remain subscale in the medium-duty-truck segment."...
posted by Unknown @ 5:21 PM
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