A merger between Scania and MAN/VW have collapsed. The three companies had called off negotiations with no date for any new meeting. Scania chief executive Leif Ostling had been the key obstacle from the German point of view, imposing conditions unacceptable to Volkswagen, such as siting the headquarters in Sweden. VW and MAN jointly control 51% of Scania’s Shares shares.
This came from an article published by Focus magazine from Munich, Germany.