| BUSINESSWEEK ONLINE : MAY 17, 1999 ISSUE | ||||||||
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| INTERNATIONAL -- EUROPEAN BUSINESS
What's Riding on Scania VOLVO Winning control of Scania would justify its recent decision to sell its auto unit to Ford for $6.5 billion and concentrate on heavy trucks. If it fails, it could become a takeover target itself. THE WALLENBERGS For their holding company, Investor, Scania is a crown jewel. Giving in to a raider could open up a slew of hostile raids on other companies in their empire. OTHER TRUCKMAKERS From DaimlerChrysler to Fiat's Iveco, whoever takes over Scania's 15% market share would take a big step toward industry dominance. DATA: BUSINESS WEEK _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ |
Scania: A Big-Rig Brawl (int'l edition) TABLE: What's Riding on Scania INTERACT E-Mail to Business Week Online | |||||||