Germany: VW makes mandatory offer for MAN

Volkswagen has announced that in accordance with the provisions of German take-over law, it is making a mandatory public offer to all third party shareholders of MAN SE for their shares in the truck OEM. The cash offer price is €95.00 (US$135.7) per ordinary share and €59.90 per preference share. The acceptance Subscribe to Automotive World … Continued

• By Webmaster
• May 31, 2011