BERLIN -- Volkswagen AG took another step toward its goal of securing a majority in MAN SE by requesting approval from European Union authorities of its takeover offer for the German truckmaker.
The carmaker submitted a so-called merger control filing Monday to the European Commission, the EU's executive arm, it said Tuesday in an e-mailed statement.
The European Commission will make a decision by Sept. 26, it said on its Web site.
After the deal closes, Volkswagen will own 55.9 percent of MAN's voting rights. The automaker said Tuesday that "numerous" national authorities have already approved the planned combination.
VW sought 40 percent of MAN's voting rights back in May when it began the bid. The company triggered a mandatory bid for MAN by raising its stake to 30.5 percent from 29.9 percent on May 9 to pave the way for closer cooperation between Germany-based MAN and Sweden's Scania AB, which VW already controls.
A three-way truck alliance could save as much as 1 billion euros in annual costs including purchasing and development outlays, according to VW.
The combination of MAN and Scania would leapfrog Sweden-based Volvo AB and Daimler AG to create Europe's largest maker of heavy trucks.
MAN and Scania together had 30 percent of the European heavy-truck market last year, according to the European Automobile Manufacturers' Association. Volvo and Daimler each had 21 percent.