GO
Loading...

Scania Gets British Order for 500 Trucks

Swedish truckmaker Scania said Wednesday it won an order for 500 trucks from British trucking company Eddie Stobart.

Financial details were not disclosed. Scania said deliveries will begin in March.

Scania has been embroiled in a fight to stave off a hostile takeover attempt by German rival MAN, but MAN said Tuesday it was dropping its 10.3 billion euros ($13.3 billion) bid in favor of friendly talks about a possible linkup.

Featured

  • The Marriner S. Eccles Federal Reserve building in Washington.

    CNBC's Fed Survey shows market pros aren't very confident the Fed can end its easy money polices without a market crash, a recession or bad inflation.

  • Merck employees walk past a Merck sign in front of the company's building in Summit, New Jersey.

    Merck reported better-than-expected results, with sales of newer drugs offsetting declining sales of drugs facing generic competition.

  • Pfizer reported higher-than-expected second-quarter earnings, helped by growing sales of its cancer medicines.

  • An attendee is silhouetted against a Microsoft poster at the Microsoft Developers Build Conference in San Francisco, April 2, 2014.

    An agency that enforces antimonopoly laws visited company offices in four cities, as the country more closely scrutinizes multinational companies.

Contact U.S. News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More

Don't Miss

U.S. Video