Volkswagen is set to gain full strategic and financial control over truckmaker MAN, in which it has a 75% stake. VW has tabled a motion at the truckmaker’s annual shareholders meeting next week to “dominate” MAN and pool both companies’ cashflows.

While the vote’s outcome is a foregone conclusion, shareholders are expected to criticise a VW-instigated management reshuffle that sidelined MAN’s chief executive and also led to the departure of its chief financial officer.

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MAN investors have in recent years been critical of the domineering approach taken by VW and its chairman Ferdinand Piech.

During a profit and loss transfer agreement, called a domination agreement in Germany, minority shareholders are given a chance to sell their stock or accept annual cash compensation for the loss of future dividend payments.

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