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Traton Latest News

The announcement follows hours of negotiations, with Navistar's board saying the offer would need to be raised to $44.50 per share to win shareholders' backing, hours before Traton's $43 per share offer was due to expire.
Volkswagen Raises Navistar Bid To $44.50 Per Share To Clinch Trucks Deal
Navistar International Corp on Monday rejected Volkswagen truck unit Traton's buyout offer of $43 per share, but said it was a starting point for exploring a possible transaction.The German automaker has raised its $35 per share January offer as it looks to increase its 16.6% stake in the U.S. truck maker Navistar acquired in 2016.
Navistar Rejects Traton's Buyout Offer, Calls It Starting Point
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