Inactive Instrument

MAN SE

MAN

DE0005937007

Volkswagen Financial Services AG acquired MAN Finance International GmbH from MAN SE (DB:MAN).

January 02, 2014 at 09:30 am IST

Volkswagen Financial Services AG acquired MAN Finance International GmbH from MAN SE (DB:MAN) on January 2, 2014. Post acquisition, MAN Finance remains the sole sales promoter for MAN Truck & Bus AG. MAN Finance International GmbH reported total assets of €3.4 billion as on June 30, 2013. André Schwanna, Frederik Mühl, Benjamin Büttner, Jörg Futter, Carmen Büker, Florian Lechner, Julia Wahls, Anja Schöder, Marc Benzler, Holger Schelling, Tanja Gropp, Uwe Schimmelschmidt and Alexander Täumer of Clifford Chance acted as legal advisors to Volkswagen Financial Services. Citi Group, Inc. acted as financial advisor for Volkswagen Financial.

Volkswagen Financial Services AG completed the acquisition of MAN Finance International GmbH from MAN SE (DB:MAN) on January 2, 2014.

Latest news about MAN SE

Traton : Aims To Boost MAN Profit Margins In EV-Focused Restructuring	01/21/01	MT
Traton : MAN targets profit margin boost in e-truck overhaul -CEO	30/21/30	RE
Chief executive of VW's truck unit Traton replaced by Scania boss	30/21/30	RE
Traton Replaces CEO, CFO	30/21/30	DJ
Traton Warns Supply Shortages Will Hit 3Q Vehicle Sales	22/21/22	DJ
MAN SE(XTRA:MAN) dropped from S&P Global BMI Index	03/21/03	CI
Traton SE completed the acquisition of remaining 5.6% stake in MAN SE.	31/21/31	CI
Man Se Reports Earnings Results for the Half Year Ended June 30, 2021	28/21/28	CI
Hyundai raises hydrogen game as new trucks roll into Europe	24/21/24	RE
VW's Traton Proposes Squeeze Out to Gain Full Control of MAN	10/21/10	DJ
Traton : Offers To Buy Remaining MAN Shares In Squeeze-Out	10/21/10	MT
Traton : VW's Traton proposes hefty premium for full control of MAN trucks	08/21/08	RE
Traton SE made the offer to acquire remaining 5.6% stake in MAN SE for approximately €560 million.	08/21/08	CI
MAN Truck & Bus Resumes Plans to Close Austrian Site	08/21/08	DJ
MAN Truck & Bus Agrees on Measures to Improve Earnings by Up to EUR1.7 Billion	30/21/30	DJ
Man Se Reports Earnings Results for the Full Year Ended December 31, 2020	11/21/11	CI
MAN : Germany's MAN Slumps to 2020 Loss	10/21/10	MT
MAN : Truck & Bus to Cut About 3,500 Jobs in Germany Amid Reorganization	26/21/26	DJ
Thyssenkrupp : no longer eying state aid via emergency fund - CFO	11/20/11	RE
VW to discuss new appointments to management board: sources	08/20/08	RE
Faw Car : Daimler to revamp China plant to make Actros trucks as sales surge	13/20/13	RE
Market Chatter: Rolls-Royce Plans to Sell Bergen Engines Business in 2021	02/20/02	MT
Rolls-Royce Holdings Plans to Sell Its Bergen Engines Unit	01/20/01	CI
Volkswagen : MAN truck unit says it expects full-year loss on COVID-19	29/20/29	RE
MAN SE Provides Earnings Guidance for the Fiscal Year 2020	29/20/29	CI

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Company Profile

MAN SE is a German manufacturer of commercial vehicles, engines and mechanical engineering equipment. The Company is active within two business areas, which are divided into four main divisions: Commercial Vehicles business area consists of the division MAN Truck & Bus as well as MAN Latin America; and Power Engineering business area includes MAN Diesel & Turbo as well as Renk division. MAN Truck & Bus produces trucks ranging from 7.5 to 44 tons and buses for scheduled services through to luxury travel. MAN Latin America is engaged in production of trucks and bus chassis, which are primarily sold in Latin America and Africa. MAN Diesel & Turbo provides large-bore diesel engines for marine and stationary applications, exhaust-gas turbochargers, propulsion systems, compressors, turbines and chemical reactors, among others. Renk manufactures special gear units, propulsion components and testing systems. The Company runs production sites worldwide and has operations in 150 countries.

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Heavy Machinery & Vehicles

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