The European Commission has given the Volkswagen Group approval to
24th July 2008, Page 13
24th July 2008
Page 13

Page 13, 24th July 2008
— The European Commission has given the Volkswagen Group approval to
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gain a majority slake in Swedish truck-maker Scania. Volkswagen will increase its voting rights to 68% in a deal that will cost approximately £2.2bn. Scania will retain its own headquarters.