MAN Roland Says Stock Trade Will Not Impede Its Growth in North
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On January 11, three of MAN AG's largest shareholders relinquished their 24.2 percent stake in the company. Munich-based Allianz, Munich Re, and Frankfurt-based Commerzbank sold 35.6 million common shares to other institutional investors.
According to market analysts, MAN AG shares have been the second-best performers in Germany's benchmark DAX index over the past 24 months. The price of MAN shares has more than doubled during that period following a reorganization of the company's main divisions.
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