MAN boss plays down prospect of raised Scania bid

The chief executive of MAN, Håkan Samuelsson, has played down the prospects of a raised bid by the German group for its Swedish truck rival Scania, reported Dagens Industri.

“The price doesn’t decide this business,” said Samuelsson.

Instead Samuelsson, who was in Stockholm yesterday to meet Scania institutional investors, asked shareholders to concentrate on long term growth prospects, and warned them not to be tempted into rejecting MAN’s current offer in favour of Scania’s promise of bumper dividend payouts next year.

He also accused Scania’s management of threatening the company’s long term growth by pushing up short term profits and dividend payouts at the expense of the longer term investment.

And he said a combined MAN-Scania group would grow more quickly than either could alone.

“We believe in a growth strategy where Scania and MAN can grow quickly together than alone,” said Samuelsson.

Samuelsson also said he believes a counter offer by Scania for MAN is unlikely.

“Volkswagen, both the board and management, have been very clear that they do not support a counter offer,” he said.

Separately Brussels had said it will extend the deadline for its probe into the competitive implications of MAN’s plans to buy Scania from December 6 until December 20.


‘Zlatan is a very intelligent guy and a very proud man’

Manchester United manager José Mourinho is looking forward to working with Zlatan Ibrahimovic again next season after declaring the Swedish striker's contract extension will be a formality.

'Zlatan is a very intelligent guy and a very proud man'
Zlatan Ibrahimovic representing Manchester United in the Boxing Day match. Photo: AP Photo/Rui Vieira

Ibrahimovic, 35, arrived from Paris Saint-Germain in July on a one-year deal with an option for a further year, which Mourinho in November indicated United would look to take up.

After the footballer scored once and made two goals in United's 3-1 win over Sunderland on Monday, Mourinho said the clause had not been activated yet, but would be.

“It is activated in his brain and it is activated also in my decisions and in the owners' and the board's. So it is no problem,” said Mourinho.

Ibrahimovic's goal agains Sunderland means that he has scored 50 times across all competitions for club and country during 2016, the year he retired from international football with Sweden.

“I am not really surprised because he is a very intelligent guy and a very proud man,” Mourinho said.

“He decided to come to Manchester United and to the Premier League, to a club with the level of expectation of Manchester United, in the most difficult league in the world for a striker.

“When he decides to come here, it is because he knows he can do it.”

“When we contacted him and he said, yes, he will come, I was sure that he was not coming here to leave the Premier League without proving himself.”

“To leave the Premier League having failed at Manchester United? No way. When such a guy decided to come, I was completely clear that he would be ready and he is ready for more next season. He will be here again,” said Mourinho.

Ibrahimovic set up Daley Blind to put United ahead in the 39th minute and then ran through to score from Paul Pogba's pass before setting up Henrikh Mkhitaryan for a spectacular 'scorpion kick' volley.

United secured a fourth successive Premier League win, and extended their unbeaten record in all competitions to 11 matches.