The Swedish Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016
- Published: October 2011
- Region: Sweden
FRANKFURT (Standard & Poor's) July 25, 2007--Standard & Poor's Ratings Services said today that it had affirmed its 'A-' long-term and 'A-2' short-term corporate credit ratings on Sweden-based truck and bus manufacturer Scania (publ.) AB and removed them from CreditWatch, where they had been placed with negative implications on Sept. 14, 2006 after MAN AG (not rated) expressed interest in a merger with Scania. The outlook is stable. "The removal from CreditWatch reflects our view that the possibility of a merger between Scania and MAN over the short term is now less likely," said Standard & Poor's credit analyst Werner Staeblein. "While we view a truck alliance involving Scania and MAN as still possible, there is no publicly available information...
Companies mentioned in this report are: Scania (publ.) AB,Volkswagen AG
Action: Outlook: Stable
Action: Removed From CreditWatch
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Research type: News
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Scania (publ.) AB,Volkswagen AG