Production cutbacks have remained in place in the third quarter and this has helped to further reduce inventory levels worldwide.

I am very confident that we will be able to convince all the stakeholders - the shareholders, the governments and the employees, that this is in their best interests.

We have no intention of shutting down plants. We have always said there will be no redundancies or lay-offs as a result of this merger.

Everyone experiences tough times, it is a measure of your determination and dedication how you deal with them and how you can come through them.

The danger, though - and there have been signs of this recently - is that Europe begins to demonstrate a return to more nationalist sentiment. To my mind, that would be a great mistake.

We are pleased with the very positive reception our offer has received, and are confident that progress is being made towards establishing the regulatory framework for the offer.

Hard work certainly goes a long way. These days a lot of people work hard, so you have to make sure you work even harder and really dedicate yourself to what you are doing and setting out to achieve.