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Commercial vehicle producer TRATON SE (TRATON) intends to merge MAN SE (MAN) with TRATON in order to simplify the TRATON GROUP’s overall structure. In connection with this merger, TRATON plans to execute the procedure for transferring the shares held by the non-controlling shareholders of MAN to TRATON in consideration of payment of an appropriate cash settlement (squeeze-out in accordance with merger law). Consequently, the Executive Board of TRATON has today served on the Executive Board of MAN a proposal to commence negotiations for a merger agreement as well as a formal request to initiate proceedings for the execution of a squeeze-out in accordance with merger law.

Media contacts

Julia Kroeber-Riel
Julia Kroeber-Riel
Head of Group Communications & Governmental Relations, TRATON SE
Tel. +49 152 58870900
Matthias Karpstein
Business Media Relations, TRATON SE
Tel. +49 172 3603 071