Traton reaches deal with Navistar

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MUNICH, Germany – Traton SE, the truck and bus division of Volkswagen AG, said Friday it has reached an agreement in principle to acquire Navistar International. Traton, which already owns 16.8% of the American truck manufacturer, will buy the rest of Navistar stock at US$44.50 per share. “We are pleased to have reached agreement in […]

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