ENP Newswire -
Release date- 25022014 - The Independent Committee of the Scania Board of Directors (the 'Committee') has commenced its work.
The Committee has appointed advisors to assist on the work going forward. The Committee will make a thorough analysis and thereafter announce its opinion on the offer. The Committee recommends all shareholders not to take a final decision until all relevant information is available.Initial statement from the Independent Committee (PDF 23 kb)
Mannheimer Swartling has been retained as legal advisor and JKL as communication advisor.
'The mandate of the Committee is to take all actions and responsibilities that the Board of Directors would normally take in regards to a public offer and to act in the best interest of all shareholders in
'The Committee will now assess the information that is included in the offer. It has noted that
'The work of the Committee is very important. I have delegated some of my duties as a union representative in order to fulfill my duties as a board member', says Johan Jarvklo.
The work of the Committee is at this point at an early stage and the Committee will of course take into account additional key information including the offer document. There are no dates set for further communication or publication of information from the Committee.
As previously announced, the Independent Committee consists of the following Board Members:
For further information, please call the Committee's press contact, tel +46 729 299 450.
The information set out in this press release is announced in accordance with the Swedish Securities Market Act. The information was submitted for publication on
Most Popular Stories
- Apple, HP, Intel May Take a Hit from Slowdown in Smartphone Sales Growth
- FDIC Files Lawsuit on Behalf of Banks Allegedly Hurt by Libor Scandal
- Some California Cities Seeking Water Independence
- Motley Crue's Nikki Sixx Marries Model Courtney Bingham
- Jack Daniel's Resists Changes to Tenn. Whiskey Law
- Chinese e-Commerce Giant Alibaba Gears for IPO in U.S.
- Crimea Seeks Financial Integration With Russia
- E.U. Puts Sanctions on Russia, Ukraine Officials
- Will Missing Malaysian Jet Prompt Aviation System Change?
- Chile Shaken by Major Aftershock