Volkswagen is preparing to launch a takeover bid for U.S. truck maker Paccar next year, Daimler Trucks Chief Wolfgang Bernhard told analysts at Bernstein Research.
According to a Bernstein Research note published on Thursday, Bernhard insisted that "serious, multiple sources" informed him that VW was going to bid for Paccar next year.
Bernhard was briefing analysts at an event hosted by Daimler Trucks late on Wednesday.
Daimler, Paccar and Volkswagen were not immediately available for comment. (Reporting by Edward Taylor; Editing by Joseph Radford)
CORRECTED-UPDATE 2-U.S. to seek to block DraftKings, FanDuel fantasy sports merger
WASHINGTON, June 19 The U.S. Federal Trade Commission said on Monday it will seek to stop the merger of DraftKings and FanDuel, because the combined company would control more than 90 percent of the U.S. market for paid daily fantasy sports contests.