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MAN Truck & Bus SE Dachauer Straße 667 80339 München, Germany http://www.man.eu/de
Contact Andreas Lampersbach +49 89 36098388
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MAN Truck & Bus SE

New partnership for MAN Ferrostaal

(PresseBox) (Munich, )
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- MAN Group cooperates with IPIC from Abu Dhabi
- IPIC takes over 70 % of the shares of MAN Ferrostaal AG
- New shareholder facilitates further growth and market access for future technologies

Effective from January 1, 2008, MAN AG is selling 70 % of its shares of MAN Ferrostaal AG, Essen, to International Petroleum Investment Com-pany (IPIC) of Abu Dhabi. MAN remains a shareholder maintaining 30 %. A letter of intent was signed accordingly. The governing bodies of MAN and IPIC have agreed to this step. It has been consented not to disclose details of the agreement prior to the
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.