Volkswagen to sell RENK shares to Triton

VW | Jan 30, 2020 at 12:00 AM

Frank Witter, Volkswagen AG Board Member for Finance and IT, said: “The TRATON IPO was the first important step towards focusing on our core activities.

TRATON Proposes To Acquire All Outstanding Common Shares Of Navistar For USD 35 Per Share

VW | Jan 30, 2020 at 12:00 AM

Since 2017, TRATON and Navistar have benefitted from a strategic alliance that has delivered significant value to both companies through increased purchasing power and the integration of new technologies.As the global commercial vehicle industry continues to evolve, TRATON believes that the proposed transaction is the logical next step and would result in even greater benefits.