Investor Looking Into All Conceivable Future Alternatives for Scania
Investor Looking Into All Conceivable Future Alternatives for Scania "We have previously said that Scania is a strong company that has excellent possibilities for developing on its own strength, which is substantiated by the preliminary yearend earnings report that has just been published," says Claes Dahlbäck, president and chief executive officer of Investor AB. "Our intention is to find the best future strategy for Scania, and thus also for its employees and its shareholders. This means that we, very thoroughly and carefully, must look into all conceivable future alternatives for Scania. This applies to everything, from a continuing independent company to various forms of collaboration or merger. Here, there can be additional greater possibilities for synergy," says Dahlbäck. The task that is currently going on in Investor with the evaluation of different alternatives is extensive and time-consuming. At this stage, Claes Dahlbäck does not wish to comment further on what alternatives are being discussed or what contacts are being pursued. Investor is Scania's largest shareholder, with shares corresponding to 45.5 percent of votes and capital. Part of these shares provide a base for issued warrants, which at yearend corresponded to 3.5 percent of the votes and 19.0 percent of the capital in Scania AB. For further information: Nils Ingvar Lundin, Managing Director, Corporate Relations, +46-8-614 2049, +46-70-514 20 49 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/01/18/19990118BIT00240/bit0001.doc http://www.bit.se/bitonline/1999/01/18/19990118BIT00240/bit0002.pdf