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Traton

Navistar and Traton have agreed in principle to a deal for the acquisition of Navistar International Corp. by Volkswagen’s truck and bus unit for $3.69 billion.

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Traton Ups Navistar Offer

Traton on Sept. 10 upped the ante in its offer to buy all outstanding shares of common stock of Navistar International Corp.

VW’s IPO of Traton Truck-OEM Unit Sees Slow Start

The initial public offering of Traton SE, formerly known as Volkswagen Truck & Bus, did not go off with a bang. The Germany-based global truck builder slipped below its opening share price soon after being listed on the Frankfurt exchange.