Scania would reduce its resistance to a takeover by MAN, if the offer were increased to 550 Swedish krone per share, according to a report in Swedish newspaper Dagens Industri.


The report quotes an unnamed Scania ‘insider’. MAN is currently offering 475 krone per share, valuing the company at EUR10.3bn. The Scania board, and major shareholder, Investor, would find it difficult to resist such an offer, said the report.


Scania CEO, Leif Östling, who has strongly resisted MAN’s attempted takeover, is reportedly worried that if MAN’s offer is not accepted by the 31 January deadline, it will increase the offer.


In December it was reported that MAN had secured a credit line of EUR11bn for its proposed takeover of Scania, EUR700m more than the current offer. The fact that MAN has secured EUR11bn, rather than the EUR10.3bn it has formally offered for Scania, raised speculation that MAN may increase its offer.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now