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Image header Agence Europe
Europe Daily Bulletin No. 9333
Contents Publication in full By article 20 / 35
GENERAL NEWS / (eu) eu/competition

Commission approves proposed acquisition of Scania by Man, opening road to merger between two of the largest European truck and bus manufacturers

Brussels, 21/12/2006 (Agence Europe) - On 20 December, the European Commission approved the proposed acquisition of Scania AB (Sweden) by MAN AG (Germany), thus opening the road to a merger between two of the largest European manufacturers of heavy trucks and buses. After looking at all the markets affected by the deal, the Commission concluded that the operation proposed would not be a significant obstacle to effective competition on the EU market, or in the European Economic Area. The...

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