BERLIN (AP) - German truckmaker MAN AG said Monday it would make a euro9.6 billion (US$12.2 billion) offer for Sweden's Scania, a deal that would create Europe's largest maker of commercial vehicles.
MAN AG said in a statement it would offer 0.151 new MAN shares plus euro38.35 (US$48.70) in cash per Scania share, an offer it said implied a value of euro48 (US$60.96) for each Scania share.
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