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Scania Company

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BUSINESS
August 7, 1999 | From Times Wires Services
Sweden's Volvo said on Friday it has offered to buy rival truck and bus maker Scania for about $7.5 billion after striking a deal with Scania's main shareholder, Investor, which had resisted its advances for several months. The deal, which would create the world's second-largest maker of heavy trucks, appears to end a drama that began when Volvo unexpectedly bought a 13.5% voting stake in Scania in January and said it wanted to buy the rest.
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BUSINESS
March 15, 2000 | Bloomberg News
Volvo said the European Commission blocked its $6-billion purchase of rival Scania on concerns the combined company would have a dominant position in the Swedish and British markets for trucks. The ruling puts both truck makers back on the market where competitors are eyeing the Swedish name brands, though Volvo said it doesn't plan to sell its 45.5% Scania stake now.
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BUSINESS
March 15, 2000 | Bloomberg News
Volvo said the European Commission blocked its $6-billion purchase of rival Scania on concerns the combined company would have a dominant position in the Swedish and British markets for trucks. The ruling puts both truck makers back on the market where competitors are eyeing the Swedish name brands, though Volvo said it doesn't plan to sell its 45.5% Scania stake now.
BUSINESS
August 7, 1999 | From Times Wires Services
Sweden's Volvo said on Friday it has offered to buy rival truck and bus maker Scania for about $7.5 billion after striking a deal with Scania's main shareholder, Investor, which had resisted its advances for several months. The deal, which would create the world's second-largest maker of heavy trucks, appears to end a drama that began when Volvo unexpectedly bought a 13.5% voting stake in Scania in January and said it wanted to buy the rest.
MAGAZINE
March 27, 1994 | John Powers, Contributing editor John Powers writes regularly for New York magazine and is a frequent commentator on American culture for the BBC
There are places you only visit when you're running for office or writing about someone who is. Such a place is Roraima (pronounced Roe-RYE-mah ), the Brazilian state known to the outside world, if it is known at all, for being home to the last of the Stone Age tribes, most famously the Yanomani.
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